Sharp Rise in Brazilian Business Bankruptcy Requests
In 2023, 1,405 companies in Brazil sought judicial recovery, a 68.7% increase from the previous year. Small businesses made up 939 of these applications. Additionally, bankruptcy filings rose by 13.5%. Companies seeking help jumped significantly to 1,405 from 833 in 2022. Serasa Experian reported this data. Small and micro businesses led with 939 requests. Medium […]