Bankruptcy Statistics

Monthly Trends from  

 

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? 
 
To read the latest statistical analysis from Epiq and ABI, please click here.
 
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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)

 

Weekly Bankruptcy Analysis

 
Bankruptcy Filings November 27-December 3, 2023
Type of Case Number Filed 2023 Percent Change From Same Week in 2022 Percent Change From Same Week in 2021 Percent Change From Same Week in 2020 Percent Change From Same Week in 2019
Total 10,898 22.2% 34.7% 35.5% -1.0%
Chapter 7 6,356 26.6% 26.8% 13.7% 1.8%
Chapter 11 83 -6.7% 13.7% -48.8% -20.2%
Chapter 13 4,454 17.1% 48.4% 96.0% -4.2%
Other Cases* -16.7% 0.0% -70.6% -54.5%

*Ch. 9, 12,15

Weekly filing data compiled from PACER and is subject to slight revisions.

For exclusive analysis and insight by ABI's Ed Flynn on the weekly filings, please click here.

For past reports, please click here.

State Filing Trends