The 6,067 total commercial chapter 11 bankruptcies filed during the first nine months of 2024 represented a 36% increase over the 4,561 filed during the same period in 2023, according to Epiq AACER, a provider of U.S. bankruptcy filing data. read more
OCT 4, 2024 - 6:19 am
Overall commercial bankruptcy filings increased 8% in August 2024 to 2,562 from 2,358 in August 2023, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data. read more
SEP 5, 2024 - 6:21 am
The American Bankruptcy Institute launched a website for professionals to share their experiences about the real-world impact of Subchapter V in helping small businesses reorganize and helping their creditors get paid. read more
AUG 13, 2024 - 6:23 am
Commercial chapter 11 filings increased 40% in July 2024 to 510 from the 364 filings in July 2023, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data. Overall commercial filings also increased 17% in July 2024 to 2,335 from 2,004 in July 2023. read more
AUG 6, 2024 - 6:16 am
Small business filings increased 60% year over year to 233 in April 2024, according to data provided by Epiq AACER. Commercial chapter 11 filings increased 40% year over year in April 2024 to 542. Overall commercial filings increased 39% year over year in April 2024 to 2,569. read more
MAY 6, 2024 - 6:58 am
The American Bankruptcy Institute's Subchapter V Task Force unveiled its final report of recommendations pertaining to the $7.5 million debt sublimit for Subchapter V filings within Chapter 11 of the U.S. Bankruptcy Code, calling for the permanent maintenance of the $7.5 million threshold. read more
APR 22, 2024 - 6:50 am
There were 362 commercial Chapter 11 filings registered in July 2023, an increase of 71% from the 212 filings registered in July 2022, according to data provided by Epiq Bankruptcy. read more
AUG 3, 2023 - 6:54 am
According to data provided by Epiq Bankruptcy, the 2,973 total commercial Chapter 11 bankruptcies filed during the first six months of 2023 represented a 68% increase over the 1,766 filed during the same period in 2022. Individual Chapter 13 filings increased by 23% during the same period. read more
JUL 5, 2023 - 7:10 am
According to Epiq Bankruptcy, commercial Chapter 11 filings increased 105% in May 2023 to 680 versus the 332 filings in May 2022. Nearly half of the Chapter 11 filings were made by corporate subsidiaries. read more
JUN 5, 2023 - 6:59 am
According to data provided by Epiq Bankruptcy, new bankruptcy filings in March 2023 registered year-over-year increases across all U.S. major filing categories for the third month in a row. read more
APR 4, 2023 - 7:07 am
Commercial Chapter 11 filings increased by 2% to 3,816 in calendar year 2022 from the previous year’s total of 3,726. Subchapter V elections within Chapter 11 also experienced an increase in calendar year 2022, as the 1,433 filings represented a 13% jump from the 1,263 filings recorded in 2021, according to Epiq Bankruptcy. read more
JAN 6, 2023 - 7:19 am
According to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data, there were 330 commercial Chapter 11 filings registered in May 2022, an increase of 34% from the 246 filings in May 2021. read more
JUN 6, 2022 - 7:35 am
Total bankruptcy filings fell more than 40% in January 2021 compared to last year, according to data provided to the ABI by Epiq. Commercial chapter 11 filings in January 2021 totaled 479, a 24% drop from the 631 commercial chapter 11 filings in January 2020. read more
FEB 8, 2021 - 5:00 am
The ABI reported total commercial Chapter 11 filings during the first six months of 2020 increased 26% to 3,604 from the 2,855 total filings during the same period in 2019, according to data provided by Epiq. read more
JUL 7, 2020 - 6:29 am
ABI statistics showed that 471 small businesses have elected to file for bankruptcy relief under the new Subchapter V to Chapter 11 of the Bankruptcy Code since it was enacted. read more
JUN 26, 2020 - 6:40 am