US Bankruptcy Filings Rise By 11% In First 9 Months Of 2026
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US bankruptcy filings rise 11 per cent as inflation and debt costs deepen financial strains for families and businesses
The United States recorded 469,719 individual and commercial bankruptcy filings during the first nine months of 2026, an 11 percent increase from the corresponding period in 2025, as persistent inflation, high interest rates, rising household expenses and economic uncertainty intensified financial pressures on American families and businesses. According to the American Bankruptcy Institute (ABI), which released the figures on October 8, 2026, in…
US Bankruptcy Filings Rise 11 Percent in First 9 Months of 2026
A total of 469,719 bankruptcy filings, both individual and commercial, have been filed in the first nine months of 2026. The total number of filings is up 11 percent from the same period last year, the American Bankruptcy Institute (ABI) said in an Oct. 8 statement. Individuals made 444,252 filings in the January to September period, while businesses made 25,467 filings, up 7 percent. “The continued increase in bankruptcy filings reflects the s…
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