Commercial chapter 11 filings increased 46 percent in November 2020 over November of last year, according to data provided by Epiq. Increasing from November 2019’s commercial chapter 11 filing total of 449, nearly half of the 654 commercial chapter 11 filings registered in November 2020 were “related” filings. All other filing categories registered decreases from last year. The 34,478 total U.S. bankruptcies in November 2020 were down 39 percent from the 56,085 filings in November 2019. Consumer bankruptcies also decreased 39 percent in November 2020, as the 32,143 filings dropped from the 53,063 consumer filings registered in November 2019. Commercial bankruptcy filings totaled 2,335 in November 2020, a 23 percent decrease from the 3,022 commercial filings in November 2019.
