Wednesday, October 8, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Press Release GlobeNewswire

Year-to-Date Individual Chapter 7 Filings Increased 15 Percent Compared to Same Period Last Year

October 8, 2025
in GlobeNewswire, Web3
Reading Time: 5 mins read
5
SHARES
243
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

NEW YORK, Oct. 07, 2025 (GLOBE NEWSWIRE) — The 249,152 individual chapter 7 bankruptcies filed during the first nine months of 2025 represented a 15 percent increase over the 216,773 filed during the same period in 2024, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data.

Total bankruptcy filings were 423,053 during the first nine months of 2025, a 10 percent increase from the 383,341 total filings during the same period a year ago. Total individual filings registered an 11 percent increase year-to-date to 399,387 filings, up from the 360,636 filings during the first nine months of 2024. Individual chapter 13 filings increased 4 percent to 149,337 from the 143,240 filed in the first nine months of 2024.

“The sharp rise in individual bankruptcy filings this September compared to 2024 highlights the mounting financial pressure on households across the country,” said Michael Hunter, Vice President of Epiq AACER. “Chapter 7 filings surged 19 percent year-over-year, and the growth in active Chapter 13 case inventory suggests more consumers are turning to bankruptcy as a necessary financial reset. We expect this upward trend to continue, with a strong likelihood of accelerating into 2026.”

Overall commercial filings registered 23,666 for the first nine months of 2025, representing a 4 percent increase from the commercial filing total of 22,705 during the same period in 2024. Small business filings, captured as subchapter V elections within chapter 11, totaled 1,764 in the first nine months of 2025, a 6 percent increase from the 1,669 elections during the same period in 2024. Commercial chapter 11 bankruptcies were the only category to record a decrease, as the 5,883 commercial chapter 11s filed during the first nine months of 2025 represented a 3 percent drop from the 6,078 filed during the same period in 2024.

“With household debts climbing, lending terms tightening and geopolitical uncertainty creating challenges within supply chains, bankruptcies continue their ascent toward pre-pandemic levels,” said ABI Executive Director, Amy Quackenboss. “Families or businesses overwhelmed by growing debt loads have a financial lifeline through the bankruptcy process.”

Filings increased across all chapters in September 2025 compared to September 2024. Overall commercial filings increased 13 percent to 2,781 from 2,471 in 2024. September 2025 commercial chapter 11s increased 3 percent to 767 from 741 in September 2024. Total subchapter V elections within chapter 11 increased 40 percent to 210 in September 2025 from 148 in September 2024.

The 49,182 total bankruptcy filings in September 2025 represented an increase of 16 percent from the 42,571 filed in September 2024. Total individual filings climbed 16 percent, to 46,401 from 40,100. The 28,772 individual chapter 7 filings in September 2025 increased 19 percent over the 24,085 filings in September 2024. Individual chapter 13s were up 10 percent in September 2025 to 17,533 from 15,947 the previous year.

Epiq AACER is a division of Epiq and is the leading provider of data, technology, and services for companies operating in the business of bankruptcy. Its Bankruptcy Analytics subscription service provides on-demand access to the industry’s most dynamic bankruptcy data, updated daily. Learn more at http://www.bankruptcy.epiqglobal.com.

About Epiq
Epiq, a technology and services leader, takes on large-scale and complex tasks for corporations, law firms, and the courts by integrating people, process, technology, and data intelligence. Clients rely on Epiq to streamline legal, compliance, settlement, and business administration workflows to drive efficiency, minimize risk, and improve cost savings. With a presence in 17 countries, our values define who we are and how we partner with clients and communities. Learn how Epiq and its 6,100 people worldwide create meaningful change at http://www.epiqglobal.com.   

About ABI 
ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit http://www.abi.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

Press Contacts 

John Lute
Senior Director, Marketing, Epiq
John.Lute@epiqglobal.com

John Hartgen 
ABI, Public Affairs Officer
jhartgen@abi.org

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.

ShareTweet1ShareSendShare2
Previous Post

Research Submission to SEC Positions Naoris Protocol as Gold Standard for Quantum-Safe Financial Infrastructure

Next Post

Redspin, Kiteworks, Cyturus and Carahsoft Partner to Launch “CMMC Compliance 360”

Related Posts

P&C Global Highlights the Importance of Hiring a Business Law Firm for Long-Term Success

Running a business is rewarding, but it is also complex and demanding. Even the most dedicated entrepreneurs can encounter challenges that threaten growth and stability if they don't have the right safeguards in place. While many business owners pride themselves on handling everything themselves, the reality is that some aspects...

Read moreDetails

RushOrderTees Announces New Durability Testing Initiative for Outdoor Apparel and Gear

Outdoor gear has to hold up under pressure. Sun, rain, wind, and repeated wear push materials past their limits. If products can't take the beating, they end up tossed aside instead of worn with pride.Why Durability MattersCustomers trust that what they wear outdoors will last. Fading, tearing, or stretching ruins...

Read moreDetails

Abdulaziz Aloqla Joins GEA to Cover Entertainment Events

Riyadh - The General Entertainment Authority (GEA) has announced the selection of Saudi content creator and civil engineer Abdulaziz Aloqla to cover and support its upcoming entertainment events.Aloqla has quickly risen to prominence on social media, becoming a beloved figure among Saudis thanks to his relatable and engaging content. With...

Read moreDetails

India’s Wealth Management Revolution: Who Are the Top Firms in 2025?

With the growing sophistication of Indian investors and a dramatic increase in household savings, wealth management in India is no longer the domain of legacy players alone. A new era of conflict-free advice, tech-enabled access, and customised portfolios has arrived - and it's changing how wealth is grown and preserved.India's...

Read moreDetails

Serkan Altay Explore How Infrastructure Funds Can Boost Foundations Portfolio Performance

Infrastructure funds have become a cornerstone for foundations and endowments, offering a blend of stability, income, and alignment with mission-driven goals. By channeling investments into essential sectors like renewable energy, transportation, and utilities, these funds provide a robust solution for institutions seeking to balance capital preservation with societal impact. This...

Read moreDetails

Civil Aviation Expert Evgeny Chernov of Journey Aviation Comments on Challenges for Airlines in Winter Operations Planning

Image: https://www.abnewswire.com/upload/2025/10/d0adeeb4e594d13a2b1af6a23e77dca7.jpgStrategic planning focused on special operations during winter periods remains among the main challenges for airlines, especially those operating in countries with low temperatures. However, this intense challenge has led to significant advances in recent years. All of these improvements aim to ensure that safety in air transport continues...

Read moreDetails

Workforce Training for the Future: Latitude 36 Foods’ Expert Brings a Data-Driven Approach

Image: https://www.abnewswire.com/upload/2025/10/b728d6f55eb03ba9e15a7767e31021e3.jpgNew technological concepts have been bringing efficiency and practicality to decision-making processes within the strategic planning of organizations across various industries. The outlook is that this wave of advancements will continue to progress rapidly over the coming years-at an even faster pace than what has been seen in recent...

Read moreDetails

Schmicko Reveals the 2025 Mobile Car Care Pricing Guide for Sydney Drivers

Image: https://www.abnewswire.com/upload/2025/10/132dbe04bfa5122568ba82ba5f83fd04.jpgAustralia's mobile automotive care market continues to accelerate, driven by demand for convenience, professionalism, and premium vehicle protection. The sector's growth reflects a changing mindset among car owners who now treat car care as an ongoing investment rather than a one-off expense. According to Grand View Research, the Australian...

Read moreDetails

TheRugMarket.ca Unveils New Trends Report on How Modern Rugs Are Transforming Contemporary Homes

Image: https://www.abnewswire.com/upload/2025/10/11c795988e8e24b3cb0355ccd75d62f7.jpgIn recent years, the humble rug has evolved from a mere floor covering to a design centerpiece that can reshape a room's mood and identity. As homeowners increasingly seek to balance comfort, aesthetics, and sustainability, modern rugs are emerging as a key element in interior design strategies.Rug Trends Driving...

Read moreDetails

Rocket Doctor Provides Information on Annual General Meeting Proxy Circular

Vancouver, BC, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Rocket Doctor AI Inc. (CSE: AIDR, OTC: AIRDF, Frankfurt: 939) (“Rocket Doctor AI”) announces that, due to the Canada Postal Strike, there is a delay in the mailing of the Company’s proxy circular and related documents pertaining to the Company’s Annual General...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    114 shares
    Share 46 Tweet 29
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    61 shares
    Share 24 Tweet 15
  • Top Cross-Chain DeFi Solutions to Watch by 2025

    61 shares
    Share 24 Tweet 15
  • Understanding Soulbound Tokens SBT Their Definition and Significance

    28 shares
    Share 11 Tweet 7
  • United States Cleaning Robot Industry Opportunities 2025: Leading Companies – SoftBank Corp. (SoftBank Robotics Group), Tennant Company, Dreame International (Hong Kong) Limited, Samsung Electronics Co., Ltd, SharkNinja Operating, LLC

    6 shares
    Share 2 Tweet 2
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

There are currently no events.

Latest on Web3Wire

  • P&C Global Highlights the Importance of Hiring a Business Law Firm for Long-Term Success
  • RushOrderTees Announces New Durability Testing Initiative for Outdoor Apparel and Gear
  • Abdulaziz Aloqla Joins GEA to Cover Entertainment Events
  • India’s Wealth Management Revolution: Who Are the Top Firms in 2025?
  • Serkan Altay Explore How Infrastructure Funds Can Boost Foundations Portfolio Performance

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.