Cheap Financing Will Keep Bankruptcies Down In 2014

Law360, New York (January 1, 2014, 10:08 AM EST) -- As interest rates remain low, bankruptcy filings in the U.S. won’t increase in 2014, but experts say the Affordable Care Act implementation could spark some action in the health care industry, while struggling municipalities will seriously consider Chapter 9 thanks to a recent ruling in Detroit.

With the Federal Reserve unlikely to raise interest rates in 2014, insolvency professionals say cheap financing will be accessible to most companies, which will mean corporate bankruptcy filings will either remain where they are now or continue to decline....
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