Year-over-year U.S. bankruptcy filings increased seven percent across all chapters for the second consecutive month in September, according to data released today from Epiq's Bankruptcy Analytics platform. There were 33,184 total filings registered in September 2022, up seven percent from last September’s total of 30,922. Commercial chapter 11 filings also rose, with 437 in September, a 76 percent increase compared to 249 filings in September 2021. There were 1,994 commercial filings in September 2022, an increase of 16 percent compared to 1,721 in September 2021. The 31,190 individual filings in September also represented a seven percent increase from the September 2021 total of 29,201. Subchapter V small business filings registered the largest percentage increase with 150 filings in September 2022, a 79 percent increase over the 84 filings in September 2021.
