The 349 commercial chapter 11 filings in June represented a 42 percent increase from the 246 filings in May 2021, according to data provided by Epiq. Total commercial filings in June increased 11 percent to 1,983 from the 1,791 commercial filings in May. Conversely, the 34,269 total bankruptcy filings in June represented a slight decrease from the 34,767 total filings recorded the previous month, and total noncommercial filings of 32,286 for June represented a 2 percent decrease from the May 2021 noncommercial filing total of 32,976. Total bankruptcy filings were 216,931 during the first six months of 2021, a 27 percent decrease from the 298,121 total filings during the same period a year ago. Total consumer filings also registered a 27 percent decrease, as the 204,767 filings during the first half of 2021 were down from the 280,636 filings during the first six months of 2020. The 12,164 total commercial filings for the first half of 2021 represented a 30 percent drop from the commercial filing total of 17,485 for the first half of 2020. The 2,167 total commercial chapter 11 filings during the first six months of the year (Jan. 1-June 30) were a 40 percent decrease from the 3,610 total filings during the same period in 2020, according to data provided by Epiq.
