Total commercial chapter 11 filings in January 2020 increased 72 percent over the same period last year, according to data provided by Epiq Systems, Inc. The 630 commercial chapter 11 filings in January 2020 were up from the 366 commercial chapter 11 filings reported in January 2019. Total commercial filings were 3,500 in January 2020, representing an 18 percent increase from the 2,961 business filings recorded in January 2019. Total bankruptcy filings increased 1 percent to 58,126 in January 2020 from the 57,657 filed in January 2019. Consumer filings decreased slightly in January 2020 to 54,626 from the January 2019 consumer filing total of 54,696.
