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Bankruptcy Filings Rise 13 Percent-
Feb 12, 2024 16:54:33   #
thebigp
 
Published on October 26, 2023—printed off 2/12/2024—United states Courts
Total bankruptcy filings rose 13 percent, and business bankruptcies rose nearly 30 percent, in the twelve-month period ending Sept. 30, 2023. This continues a moderate rebound after more than a decade of sharply dropping totals.
According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 433,658 in the year ending September 2023, compared with 383,810 cases in the previous year.
Business filings rose 29.9 percent, from 13,125 to 17,051, in the year ending Sept. 30, 2023. Non-business bankruptcy filings rose 12.4 percent to 416,607, compared with 370,685 in September 2022.
Bankruptcy totals for the previous 12 months are reported four times annually.
This is the third straight quarter that total bankruptcy filings have risen, following a decade-plus decline. Bankruptcies fell especially sharply after the p******c began in early 2020, despite some C***D-related disruptions to the economy.
Even with the recent increases, total filings remain far lower than in September 2010, when filings peaked at just less than 1.6 million.
BUSINESS AND NON-BUSINESS FILINGS,
YEARS ENDING
SEPTEMBER 30, 2019-2023
Year Business Non-Business Total
2023 17,051 416,607 433,658
2022 13,125 370,685 383,810
2021 16,140 418,400 434,540
2020 22,391 590,170 612,561
2019 22,910 753,764 776,674
TOTAL BANKRUPTCY FILINGS BY CHAPTER,
YEARS ENDING
SEPTEMBER 30, 2019-2023
Year Chapter
7 11 12 13
2023 248,680 6,473 142 178,214
2022 229,703 4,762 182 149,077
2021 310,597 5,622 344 117,784
2020 409,164 8,188 581 194,384
2019 478,838 7,320 583 289,802

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Feb 12, 2024 16:57:35   #
XXX Loc: Somewhere north of the Mason-Dixon
 
thebigp wrote:
Published on October 26, 2023—printed off 2/12/2024—United states Courts
Total bankruptcy filings rose 13 percent, and business bankruptcies rose nearly 30 percent, in the twelve-month period ending Sept. 30, 2023. This continues a moderate rebound after more than a decade of sharply dropping totals.
According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 433,658 in the year ending September 2023, compared with 383,810 cases in the previous year.
Business filings rose 29.9 percent, from 13,125 to 17,051, in the year ending Sept. 30, 2023. Non-business bankruptcy filings rose 12.4 percent to 416,607, compared with 370,685 in September 2022.
Bankruptcy totals for the previous 12 months are reported four times annually.
This is the third straight quarter that total bankruptcy filings have risen, following a decade-plus decline. Bankruptcies fell especially sharply after the p******c began in early 2020, despite some C***D-related disruptions to the economy.
Even with the recent increases, total filings remain far lower than in September 2010, when filings peaked at just less than 1.6 million.
BUSINESS AND NON-BUSINESS FILINGS,
YEARS ENDING
SEPTEMBER 30, 2019-2023
Year Business Non-Business Total
2023 17,051 416,607 433,658
2022 13,125 370,685 383,810
2021 16,140 418,400 434,540
2020 22,391 590,170 612,561
2019 22,910 753,764 776,674
TOTAL BANKRUPTCY FILINGS BY CHAPTER,
YEARS ENDING
SEPTEMBER 30, 2019-2023
Year Chapter
7 11 12 13
2023 248,680 6,473 142 178,214
2022 229,703 4,762 182 149,077
2021 310,597 5,622 344 117,784
2020 409,164 8,188 581 194,384
2019 478,838 7,320 583 289,802
Published on October 26, 2023—printed off 2/12/202... (show quote)


Thank-you Joe.

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Feb 12, 2024 17:18:25   #
American Vet
 
XXX wrote:
Thank-you Joe.



Reply
 
 
Feb 12, 2024 17:32:48   #
BIRDMAN
 
thebigp wrote:
Published on October 26, 2023—printed off 2/12/2024—United states Courts
Total bankruptcy filings rose 13 percent, and business bankruptcies rose nearly 30 percent, in the twelve-month period ending Sept. 30, 2023. This continues a moderate rebound after more than a decade of sharply dropping totals.
According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 433,658 in the year ending September 2023, compared with 383,810 cases in the previous year.
Business filings rose 29.9 percent, from 13,125 to 17,051, in the year ending Sept. 30, 2023. Non-business bankruptcy filings rose 12.4 percent to 416,607, compared with 370,685 in September 2022.
Bankruptcy totals for the previous 12 months are reported four times annually.
This is the third straight quarter that total bankruptcy filings have risen, following a decade-plus decline. Bankruptcies fell especially sharply after the p******c began in early 2020, despite some C***D-related disruptions to the economy.
Even with the recent increases, total filings remain far lower than in September 2010, when filings peaked at just less than 1.6 million.
BUSINESS AND NON-BUSINESS FILINGS,
YEARS ENDING
SEPTEMBER 30, 2019-2023
Year Business Non-Business Total
2023 17,051 416,607 433,658
2022 13,125 370,685 383,810
2021 16,140 418,400 434,540
2020 22,391 590,170 612,561
2019 22,910 753,764 776,674
TOTAL BANKRUPTCY FILINGS BY CHAPTER,
YEARS ENDING
SEPTEMBER 30, 2019-2023
Year Chapter
7 11 12 13
2023 248,680 6,473 142 178,214
2022 229,703 4,762 182 149,077
2021 310,597 5,622 344 117,784
2020 409,164 8,188 581 194,384
2019 478,838 7,320 583 289,802
Published on October 26, 2023—printed off 2/12/202... (show quote)


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