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Delaware, Texas have highest business bankruptcy filings in U.S.
Business bankruptcy filings have increased by nearly 12% across the U.S. in one year.
Delaware has the highest business bankruptcy filing rate in the nation, with 538.9 filings per 100,000 small businesses, seven times the national average.
Texas has the largest number of businesses filing for bankruptcy and ranks third in filing rate with 129.7 filings per 100,000 small businesses.
Business bankruptcy filings in Texas rose by 41% over the past year, marking the sixth-largest increase nationwide.