Now that pandemic aid has vanished, bankruptcies are on the rise


dollar crisis worthy christian news(Worthy News) – The end of federal pandemic aid is putting many Americans and businesses under mounting financial pressure, leading to a spike in bankruptcies.

Total bankruptcy filings in January shot up 19% in January to 31,087, up 19% from a year ago, according to data from Epiq, a legal research firm. The number of Americans who filed for bankruptcy across Chapters 7, 11 and 13 shot up 20% in January from a year ago.

The surge in filings comes as rising interest rates and high inflation continue to stress household budgets. [ Source: CBS News (Read More…) ]

17
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

At Least 22 Dead After Bolivian Military Plane Carrying Banknotes Crashes In El Alto
U.S. Intensifies Campaign Across Iran With Rapid Increase in Targets Hit
Powerful Earthquake Strikes Off Sumatra, Residents Flee Homes
Prayers In Tel Aviv Shelters Amid Attacks (VIDEO)
EU Struggles To Stay United Over Iran War As Energy Shock Rattles Central And Eastern Europe (Worthy News Analysis)
IAEA Confirms Damage to Iran’s Natanz Nuclear Site After U.S.–Israeli Strikes
U.S. Closes Embassies in Saudi Arabia and Kuwait as Iran Conflict Intensifies
Israeli Strike Hits Assembly of Experts Meeting in Qom as Iran’s Leadership Crisis Deepens
Iran Weighs Response After With Much Of Navy Destroyed As AP Labels Conflict ‘War’
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News