November 2023 Year-Over-Year Highlights
- Bankruptcy filings including all chapters totaled 37,860, a 21% increase from the November 2022 total of 31,187.
- Commercial chapter 11 filings increased 141 percent to 842 in November 2023 from the 349 filings recorded in November 2022. The case filed by WeWork, Inc. on Nov. 6 included 517 related filings, according to an ABI analysis, representing the third-most related filings in a case since the Bankruptcy Code became effective in 1979.
- Commercial filings were 2,252, a 21 percent increase in November 2023 compared to the 1,864 filed in November 2022.
- Subchapter V small business elections increased 79 percent to 181 in November 2023 from the 101 filings last November.
- Individual filings increased 11% to 35,608 in November 2023 from the 29,323 filed in November 2022.
Interested in the filing breakdown by chapter? Or month-over-month trends? What are experts saying about the findings?
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Commercial Chapter 11 Filings Increase 141 Percent Year-over-Year in November 2023
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Archive of monthly statistical sheets from Epiq. (March 2022-April 2012)