Bankruptcies spiked in August — the post-COVID rebound ‘is becoming a reality’

Consumer bankruptcies steadily increased during August in another sign that financial distress is increasing for many people.

Americans filed more than 39,000 bankruptcy cases last month, an 18% increase from the same point last year, according to new data from Epiq Bankruptcy, a bankruptcy data-analytics firm.

There were more than 41,600…