Bankruptcy filings increase by 8.1% in 2020

A total of 5,113 individuals filed for bankruptcy in 2020, 8.1% more than compared to the previous period. Although the rise is the smallest in the last four years, experts say it was mainly due to state aid and largely to the withdrawal of 10% of pension funds. In December, the rise was 3% with a total of 403 bankruptcies.

Source: La Tercera