Case of the United States filed for bankruptcy in August soared to a thousand mark.

Poor economic performance, bankruptcy also will be greatly increased. .U.S. Chapter 11 bankruptcy law cited to the court the company filed for bankruptcy protection in August jump up, experts say, the situation may be the worst retail. .<P> (Http://finance.) United States Court of automatic access of electronic records (AACER) The latest data show that in August there were 1,082 companies and individuals filed for bankruptcy protection cases to the court over July's increase of 38% 786 .. .Since this year the figure has remained at 700-790 range, so that in August 1000 mark a sharp rise above much attention. .</ P> <P> American Bankruptcy Institute's resident scholar Williams will be pointed out that usually only see a profit by year-end retail and other seasonal industries, may have significant increase in bankruptcy cases for the August responsibility. .August shows the U.S. department store chain and shopping malls equipment company Boscovs Mrs. Fields Famous Brands bankrupt. .</ P> <P> Williams said that such industries will usually view the hand by late summer whether enough money for year-end holiday shopping season order required inventory. .If they have the money, bank lending is not necessarily willing to borrow more money to them. .Enterprise Management Association's public relations vice president of redevelopment Goode pointed out that banks in a credit squeeze on lending very careful. .</ P> <P> Goode said that the retail sector are concerned, is facing liquidity problems. .Goode said that these operators are entering the peak period of borrowing, but banks are getting nervous. .Suppliers, too, they are in danger of bankruptcy will usually be of retail more stringent payment terms. .</ P> <P> quoted U.S. company law to the court for Chapter 11 bankruptcy protection, to open new financing or refinancing of existing liabilities, the door will enhance the company's cash flow. .It will also protect the supplier can get them some money. .</ P>.