Chapter 7, 11, 13…all about US insolvency laws
There are several different chapters of the US Bankruptcy Code, each of which provides a different type of relief to...
Chapter 11
Commercial chapter 11 US bankruptcy filings up 83% in February
New bankruptcy filings in February 2023 registered double-digit increases year-over-year across all U.S. major filing categories, according to data provided...
Chapter 13 bankruptcy filings in US increased 32% in 2022
Individual Chapter 13 bankruptcy filings in the US during calendar year 2022 increased 32% to 149,072 from the 2021 total...
Consumer bankruptcies in US increase 27% in October
Consumer bankruptcies (chapter 13 filings) in the US increased 27% to 13,627 in October 2022 from the 10,767 filings in...
US bankruptcy filings in November down 15%; Chapter 11 filings down 70%
The US bankruptcy filings in November 2021 at 29,325 filings across all chapters were down 15% from the 34,486 filings...
US bankruptcy filings reverse downward trend; jump 39% in March over February
The effects of government supports given to businesses and individuals last year owing to Covid-19 seems to be petering out...
US bankruptcy commercial filings decline 45% in Feb; Chapter 11 filings drop 23%
Total US bankruptcy commercial filings in February 2021 decreased 45% over the same period last year, according to data provided...
US bankruptcy filings in January drops to a 15-yr low
US bankruptcy filings in January experienced the lowest monthly number of across all chapters since February 2006 (26,617 filings) with...
US Bankruptcy filings drop 30% in 2020 as govt stimulus supports distressed business, individuals
Total US bankruptcy filings in 2020 dropped 30% as the government and lenders offered stabilization measures in response to the...
US bankruptcy filings decline 41% in October; Chapter 11 commercial filings rise 4%
Total US bankruptcy filings in October decreased 41 per cent from last year, according to data provided by Epiq Systems...