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Stock photo: Petition for Bankruptcy

Bankruptcy attorneys aren’t sure what to expect in the upcoming months as they wait to see what effects a number of pandemic-related factors may have on businesses. 

With some Covid-19–related restrictions being lifted recently and making it easier for many companies to get back to business as usual (at least partially), there has been a slowdown in filings nationwide through the first half of 2021, with an increase just beginning. 

But with the looming end to various moratoria and loan-forgiveness programs, such as the Paycheck Protection Program which has kept many companies afloat, paired with the effects of the Covid delta variant and other unknown variables, attorneys aren’t sure whether, when, or how dramatically the falling rate of bankruptcies might turn around.

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