The week in bankruptcies: 2 Chapter 7 cases filed in Austin's federal court
May 13, 2022 at 08:37 AM EDT
Austin-area bankruptcy courts recorded three business filings — all with total debts above $1 million — during the week that ended May 6. Year to date through May 6, the court recorded 19 Chapter 7 or Chapter 11 business bankruptcy filings, a 58% increase from the same span the prior year.