Total April Bankruptcy Filings Increase 3 Percent over Last Year, Commercial Chapter 11s Fall 32 Percent
Total U.S. bankruptcy filings increased 3 percent in April 2018 over April of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 69,736 in April 2018, up from the April 2017 total of 67,710. The 66,510 consumer bankruptcy filings in April 2018 were also up 3 percent over the April 2017 consumer total of 64,315. Total commercial filings fell 5 percent in April 2018, as the 3,226 filings decreased slightly from the 3,395 commercial filings registered in April 2017. Total commercial chapter 11 filings showed the sharpest decline, dropping 32 percent to 391 in April 2018 from the April 2017 total of 575.
