Commercial Bankruptcies Climb

Commercial Bankruptcies Climb

Commercial Bankruptcies Y-O-Y: Year-Over-Year commercial bankruptcy filings were up 24% to 2,305 in March 2023 compared to 1,854 in March 2022. Commercial chapter 11 filings were up 79% to 548 compared to 306 filings a year ago (March 2022, source Epiq Bankruptcy).

Commercial Bankruptcies month-to-month: Month-to-month commercial bankruptcy filings were up 35% to 2,305 in March 2023 compared to 1,710 in February 2023. Commercial chapter 11 filings were up 46% to 548 compared to 375 filings in February 2023 (source Epiq Bankruptcy).

Source: Epiq; TEK2day