There were 212 commercial chapter 11 filings registered in July 2022, a decrease of 13 percent from the 245 filings in July 2021, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Overall commercial filings decreased eight percent in July 2022, as the 1,592 filings were down from the 1,723 commercial filings registered in July 2021. Small business filings, captured as subchapter V elections within chapter 11, decreased three percent to 104 in July 2022 from 107 in July 2021. Total bankruptcy filings were 30,848 in July 2022, a five percent decline from the July 2021 total of 32,399. Noncommercial bankruptcy filings totaled 29,256 in July 2022, also registering a five percent decrease from the July 2021 noncommercial total of 30,676.
