Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived

Important Takeaways:

• Now that pandemic aid has vanished, bankruptcies are on the rise
• Total bankruptcy filings in January shot up 19% in January to 31,087, up 19% from a year ago, according to data from Epiq, a legal research firm. The number of Americans who filed for bankruptcy across Chapters 7, 11 and 13 shot up 20% in January from a year ago.
• The surge in filings comes as rising interest rates and high inflation continue to stress household budgets.

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