Bankruptcies increase 11.9 percent

Published: (April 28, 2026 at 02:47 PM EDT)
2 min read

Source: Hacker News

Bankruptcy filings increased 11.9 % during the 12‑month period ending March 31, 2026.

According to statistics released by the Administrative Office of the U.S. Courts, total filings rose to 591,850 cases, compared with 529,080 cases reported for the year ending March 31, 2025.

  • Business filings increased 11.4 %: from 23,309 in March 2025 to 25,960 in the newest report.
  • Non‑business filings rose 11.9 %: from 505,771 in March 2025 to 565,890 in March 2026.

Bankruptcy totals for the previous 12 months are reported four times annually.

For more than a decade, total filings fell steadily, from a high of nearly 1.6 million in September 2010 to a low of 380,634 in June 2022. Since then, filings have increased each quarter, though they remain far lower than historical highs.

Business and Non‑Business Filings, Years Ending March 31, 2022‑2026

YearBusinessNon‑BusinessTotal
202625,960565,890591,850
202523,309505,771529,080
202420,316447,458467,774
202314,467388,806403,273
202213,160382,213395,373

Total Bankruptcy Filings by Chapter, Years Ending March 31, 2022‑2026

YearChapter 7Chapter 11Chapter 12Chapter 13
2026369,7029,941312211,700
2025320,5718,844259199,130
2024271,8258,036155187,539
2023231,2005,371148166,449
2022265,0714,333228125,655

Additional Statistics Released

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