Small-Business Bankruptcies Dip

November 30, 2010  |  

(Atlanta Journal Constitution) — Atlanta and its northern suburbs experienced the largest decrease in small business bankruptcies in the third quarter among metropolitan areas in a new study.  The number of small businesses in the Atlanta-Sandy Springs-Marietta area that filed for bankruptcy from July through September of this year fell to 296 from 402 for the same period of 2009, according to an analysis by Atlanta-based Equifax. The nearly 27 percent decline led the 15 U.S. markets with the most bankruptcies. Chicago-Naperville-Joliet, Ill. posted the second-largest decrease, at about 17 percent.

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