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Total May Bankruptcy Filings Increase 2 Percent over Last Year, Commercial Chapter 11s Increase 7 Percent

Submitted by jhartgen@abi.org on

Total U.S. bankruptcy filings increased 2 percent in May 2019 over May of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 68,796 in May 2019, up from the May 2018 total of 67,346. The 65,313 consumer bankruptcy filings in May 2019 were also up 2 percent over the May 2018 consumer total of 63,966. Total commercial filings increased 3 percent in May 2019, as the 3,483 filings were up from the 3,380 commercial filings registered in May 2018. Total commercial chapter 11 filings increased 7 percent to 478 in May 2019 from the May 2018 total of 448. Read the full press release