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March Bankruptcy Filings Down 3 Percent from 2018, Commercial Chapter 11 Filings Decrease 13 Percent

Submitted by jhartgen@abi.org on

Total bankruptcy filings for the month of March 2019 decreased 3 percent from this time last year, according to data provided by Epiq Systems, Inc. The 73,476 total filings in March 2019 were down from the 76,060 total filings during March 2018. Consumer filings also decreased 3 percent in March 2019 to 70,228 from the March 2018 consumer filing total of 72,351. Total commercial filings decreased 12 percent in March 2019 to 3,248 from the 3,709 business filings recorded in March 2018. The 434 total commercial chapter 11 filings in March 2019 marked a 44 percent decrease from March 2018’s total of 774.