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Bankruptcies are exploding across the economy, hitting small businesses and households. Few industries are immune.

US bankruptcies are on the rise.

doockie/Getty Images

  • From corporate giants to mom-and-pop shops, bankruptcies are piling up across the US this year.
  • Large corporate bankruptcies have hit their highest level in 15 years.
  • "Bankruptcies seem to be kind of all over the place," one veteran bankruptcy attorney said.

Bankruptcies aren't just rising — they're suddenly everywhere.

From billion-dollar giants to mom-and-pop shops to everyday individuals, bankruptcies are piling up across the US this year...

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