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on Tuesday Richard Bransons satellite launching company virgin orbit filed for chapter 11 bankruptcy the company failed to find a funding lifeline and is now looking to sell its assets when a public company like virgin orbit goes bankrupt there are no shortage of headlines but theres an undercurrent happening right now in the bankruptcy world that isnt getting as much attention this year research shows private companies are filing for bankruptcy at rates that exceed what we saw at the height of the pandemic UBS says a lot of these bankruptcies are at smaller firms for now so the impact on assets and employees is not as egregious as the sheer number of filings experts say real estate is one place theyre seeing a bankruptcy boom while Health Care retail construction restaurant and financial sectors are ones to watch I want to bring in the honorable Kevin Carey a former bankruptcy judge and current president of the American bankruptcy Institute if this was happening prior to the banki