Mom-and-Pop Business Bankruptcies Hit a Record as Debts Pile Up

A six-year-old federal program designed to help the smallest American businesses cut debt and get a fresh start has set a record for the number of cases filed, court data...

By Steven Church · Bloomberg

A six-year-old federal program designed to help the smallest American businesses cut debt and get a fresh start has set a record for the number of cases filed, court data show.