Coronavirus Driver of Bankruptcy
Numerous publications are claiming that the economic effects of the Coronavirus may include a rise in personal and business Bankruptcy, primarily in Asian regions, such as China and Hong Kong. One article attests that personal Bankruptcy in Hong Kong increased 9% in 2019, for a total of 8151 Bankruptcy filings, and business Bankruptcy increased 14%, with a total of 419 Bankruptcy filings. According to this same publication, the Sars virus of 2003 produced an increase in that year of business Bankruptcy filings, but strangely, a Read More +
