Denver area bankruptcy courts recorded four business filings – including two with total debts above $1 million – during the week that ended Oct. 23, 2020. Year to date through Oct. 23, 2020, the court recorded 99 Chapter 7 or Chapter 11 business bankruptcy filings, a 21% increase from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure…
