Stock photo: Bankruptcy form. Credit: Thanyalak/Adobe Stock

Federal court data show a double-digit uptick in bankruptcy filings. In a report issued July 31, personal and business bankruptcy filings rose 10 percent in the 12-month period ending June 30, compared with the previous year.

"We have seen an uptick in business restructurings and Chapter 11 filings this year," said Glenn D. Moses, a partner at Venable, Miami. Moses focuses on complex commercial bankruptcy, financial restructuring, and insolvency matters.

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Lisa Willis

Emmy award winning news anchor, reporter, weathercaster, writer, news director, marketing specialist having served in Miami, NYC, Baltimore, Seattle, Charleston, Myrtle Beach.