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The study in brief!
30 643
opening of receivership and direct judicial liquidation
774
safeguard procedures
118 199
jobs threatened by these failures
50 296
jobs threatened by these procedures
"If the drop in insolvencies concerns all sectors of activity, we must not forget that this historically low decline is artificial, thanks in particular to government aid and favorable regulations. The storm that has been predicted for some time now is still to come, but for how long?
- Max Jammot, Head of the economic department at Ellipshere
An atypical year but one with many consequences
Despite the context of the pandemic and the economic slowdown linked more specifically to the confinements, the year 2020 which is ending appears to be a year of unprecedented decline for the number of insolvencies in France (-39%), with less than 31,000 openings of receivership and direct liquidation compared to nearly 50,000 in 2019.
A bleak scenario for the months to come
The end of the first quarter of 2021 is likely to see an initial spike in delinquencies, followed by a steady increase due to the 2020 social account closings and presentation of these to financial partners.
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