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 show.

Dec 2, 2025 - 16:00
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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 show.

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