July Commercial Chapter 11s Down 13 Percent from Last Year
Overall commercial filings decreased eight percent in July 2022, as the 1,592 filings were down from the 1,723 commercial filings registered in July 2021.
- Overall commercial filings decreased eight percent in July 2022, as the 1,592 filings were down from the 1,723 commercial filings registered in July 2021.
- New bankruptcy filings slowed in July, including chapter 13 cases which have been on a steady increase so far this year, says Chris Kruse, senior vice president of Epiq Bankruptcy.
- Julys commercial chapter 11 filings decreased 53 percent from the 449 filings in June 2022.
- The commercial filing total represented a 15 percent decrease from the June 2022 commercial filing total of 1,878.