Bankruptcy Filings Rise 13.1% Over Previous Year
According to a recent report by the U.S. Courts, bankruptcy filings rose 13.1 percent during the 12-month period ending March 31, 2025.
This rate of acceleration is similar to that seen in the December 31, 2024, quarterly report.
Despite this increase, new bankruptcy cases remain significantly lower than after the 2007-08 Great Recession.
Statistics and Comparison
- The 13.1% rise in bankruptcy filings is a notable change from previous years.
- This rate of acceleration is similar to that seen in the December 31, 2024, quarterly report.
- New bankruptcy cases remain significantly lower than after the 2007-08 Great Recession.
“Bankruptcy filings have been a steady increase since the recovery from the COVID-19 pandemic,” said a spokesperson for the U.S. Courts.
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For more information on this topic, visit the official US Courts website.
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