Bankruptcies Increase 11.9 Percent

Bankruptcies Increase 11.9 Percent

Bankruptcy filings increased 11.9 percent 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 during the year ending March 31, 2025.

Business filings increased 11.4 percent, from 23,309 in March 2025 to 25,960 in the newest report. Non-business filings rose 11.9 percent, 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. Total filings have increased each quarter since then, but they remain far lower than historical highs.

Business and Non-Business Filings, Years Ending March 31, 2022-2026
Year Business Non-Business Total
2026 25,960 565,890 591,850
2025 23,309 505,771 529,080
2024 20,316 447,458 467,774
2023 14,467 388,806 403,273
2022 13,160 382,213 395,373
Total Bankruptcy Filings By Chapter, Years Ending March 31, 2022-2026
Year Chapter
  7 11 12 13
2026 369,702 9,941 312 211,700
2025 320,571 8,844 259 199,130
2024 271,825 8,036 155 187,539
2023 231,200 5,371 148 166,449
2022 265,071 4,333 228 125,655

Additional statistics released today include:

For more on bankruptcy and its chapters, view the following resources:

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