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A Debtor Just Consolidated Their Entities, Will Mediation Be Effective In Our Case?

In February 2015, the average number of bankruptcy filings was 3,422. Many filings are medical expenses which account for 62% of all personal bankruptcies, but a significant number of bankruptcies that are filed a commercial cases. About 90% of these that file for Chapter 11 bankruptcy have less than $10 million in assets and annual…