Bankruptcies Rise 12.2 Percent

Source: United States Courts

Bankruptcy filings rose 12.2 percent during the 12-month period ending June 30, 2026.

According to statistics released by the Administrative Office of the U.S. Courts, total filings increased to 608,511 cases, compared with 542,529 cases reported during the year ending June 30, 2025.

Business filings rose 16.9 percent, from 23,043 to 26,941 in the year ending June 30, 2026. Non-business bankruptcy filings rose 12 percent to 581,570, compared with 519,486 in the previous year.

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 June 30, 2022-2026
Year Business Non-Business Total
2026 26,941 581,570 608,511
2025 23,043 519,486 542,529
2024 22,060 464,553 486,613
2023 15,724 403,000 418,724
2022 12,748 367,886 380,634
Total Bankruptcy Filings By Chapter, Years Ending June 30, 2022-2026
Year Chapter
  7 11 12 13
2026 382,161 10,320 336 215,490
2025 333,321 8,408 282 200,290
2024 284,975 8,717 181 192,421
2023 239,125 5,986 147 173,362
2022 239,750 4,429 201 136,169

Additional statistics released today include:

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