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Total bankruptcy filings were 47,104 in October 2024, a 16 percent increase from the October 2023 total of 40,674, according to Epiq AACER.

"As we close out the third quarter in 2024, we continue to see a steady increase in both individual and commercial filings this year to date," Hunter said.

Commercial chapter 11 filings increased 40 percent in July 2024 to 510 from the 364 filings in July 2023, according to data provided by Epiq AACER.

Commercial filing trends continue to show strong double digit percentage increases in year-over-year filings, while individual filings increased...

Commercial filing trends continue to show strong double digit percentage increases in year-over-year filings, while individual filings increased...

Small business filings, captured as subchapter V elections within chapter 11, increased 60 percent to 233 in April 2024 from 146 in April 2023.

Bankruptcy Filings Increase Across All Chapters in First Quarter 2024; Commercial Chapter 11s Up 43 Percent

Commercial chapter 11 bankruptcy filings climbed 118 percent in February 2024, with the 882 filings versus the 377 filings in February 2023,

Commercial chapter 11 filings increased 72 percent to 6,569 in calendar year 2023 from the previous year’s total of 3,819, according to Epiq.

The bankruptcy filing by WeWork, Inc. in November propelled November commercial chapter 11 filings to 842, an increase of 141 percent.