Coronavirus could lead to surge in corporate and personal bankruptcies, experts warn

Share to friends79SharesThe coronavirus-induced lockdown will cause bankruptcies to surge in the coming months, economists have warned. U.S Federal Reserve researchers predict the number of virus-related bankruptcies could jump by 200,000 to nearly 1 million unless government programs help stem the tide,¬†Bloomberg Law reported. Bankruptcy expert Edward Altman reportedly expects the dollar value of bankruptcies … Continue reading Coronavirus could lead to surge in corporate and personal bankruptcies, experts warn