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Bankruptcy Filings Rise 11.5 Percent Over Previous Year

Published on July 31, 2025

Personal and business bankruptcy filings rose 11.5 percent in the twelve-month period ending June 30, 2025, compared with the previous year.

According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 542,529 in the year ending June 2025, compared with 486,613 cases in the previous year.

Business filings rose 4.5 percent, from 22,060 to 23,043 in the year ending June 30, 2025. Non-business bankruptcy filings rose 11.8 percent to 519,486, compared with 464,553 in the previous year.

Bankruptcy totals for the previous 12 months are reported four times annually. 

For more than a decade, total filings fell steadily, from a high of nearly 1.6 million in September 2010 to a low of 380,634 in June 2022. Total filings have increased each quarter since then, but they remain far lower than historical highs.

Business and Non-Business Filings, Years Ending June 30, 2021-2025
YearBusinessNon-BusinessTotal
202523,043519,486542,529
202422,060464,553486,613
202315,724403,000418,724
202212,748367,886380,634
202118,511443,798462,309
Total Bankruptcy Filings By Chapter, Years Ending June 30, 2021-2025
YearChapter
 7111213
2025333,3218,408282200,290
2024284,9758,717181192,421
2023239,1255,986147173,362
2022239,7504,429201136,169
2021335,8866,871438118,864

Additional statistics released today include:

For more on bankruptcy and its chapters, view the following resources:

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