Bankruptcy Filings Rise 11 Percent

Bankruptcy Filings Rise 11 Percent

Total bankruptcy filings rose 11 percent, with increases in both business and non-business bankruptcies, in the twelve-month period ending Dec. 31, 2025. 

According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 574,314 in the year ending December 2025, compared with 517,308 cases in the previous year.

Business filings rose 7.1 percent, from 23,107 to 24,737, in the year ending Dec. 31, 2025. Non-business bankruptcy filings rose 11.2 percent to 549,577, compared with 494,201 in December 2024.

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 December 31, 2021-2025
Year Business Non-Business Total
2025 24,737 549,577 574,314
2024 23,107 494,201 517,308
2023 18,926 434,064 452,990
2022 13,481 374,240 387,721
2021 14,347 399,269 413,616
Total Bankruptcy Filings By Chapter, Years Ending December 31, 2021-2025
Year Chapter
  7 11 12 13
2025 356,724 9,201 315 207,889
2024 310,631 8,884 216 197,244
2023 261,277 7,456 139 183,956
2022 225,455 4,918 169 157,087
2021 288,327 4,836 276 120,002

Additional statistics released today include:

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

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