Total bankruptcy filings rose 14.2 percent, with increases in both business and non-business bankruptcies, in the twelve-month period ending Dec. 31, 2024. This continues an ongoing rebound in filings 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 517,308 in the year ending December 2024, compared with 452,990 cases in the previous year.

Business filings rose 22.1 percent, from 18,926 to 23,107, in the year ending Dec. 31, 2024. Non-business bankruptcy filings rose 13.9 percent to 494,201, compared with 434,064 in December 2023.

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
December 31, 2020-2024

Year	Business	Non-Business	Total
2024	23,107	494,201	517,308
2023	18,926	434,064	452,990
2022	13,481	374,240	387,721
2021	14,347	399,269	413,616
2020	21,655	522,808	544,463

Total Bankruptcy Filings By Chapter,
Years Ending
December 31, 2020-2024

Year	Chapter
	7	11	12	13
2024	310,631	8,884	216	197,244
2023	261,277	7,456	139	183,956
2022	225,455	4,918	169	157,087
2021	288,327	4,836	276	120,002
2020	378,953	8,333	560	156,377

The following bankruptcy filings statistics tables are available: 

• Business and non-business bankruptcy filings for the 12-month period ending Dec. 31, 2024 (Table F-2, 12-Month),
• A comparison of 12-month data ending December 2023 and December 2024 (Table F),
• Filings for the most recent three months, (Table F-2, 3 Month); and filings by month (Table F-2, October, November, December),
• Bankruptcy filings by county (Table F-5A).

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

Personal and business bankruptcy filings rose 16.2 percent in the twelve-month period ending Sept. 30, 2024, compared with the previous year. 

According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 504,112 in the year ending September 2024, compared with 433,658 cases in the previous year.

Business filings rose 33.5 percent, from 17,051 to 22,762 in the year ending September 30, 2024. Non-business bankruptcy filings rose 15.5 percent to 481,350, compared with 416,607 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
September 30, 2020-2024

Year	Business	Non-Business	Total
2024	22,762	481,350	504,112
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

Total Bankruptcy Filings By Chapter,
Years Ending
September 30, 2020-2024

Year	Chapter
	7	11	12	13
2024	298,644	9,012	202	195,971
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

The following bankruptcy filings statistics tables are available: 

• Business and non-business bankruptcy filings for the 12-month period ending Sept. 30, 2024 (Table F-2, 12-Month),
• A comparison of 12-month data ending September 2023 and September 2024 (Table F),
• Filings for the most recent three months, (Table F-2, 3 Month); and filings by month (Table F-2, July, August, September),
• Bankruptcy filings by county (Table F-5A).

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

Personal and business bankruptcy filings rose 16.2 percent in the twelve-month period ending Sept. 30, 2024, compared with the previous year. 

According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 504,112 in the year ending September 2024, compared with 433,658 cases in the previous year.

Business filings rose 33.5 percent, from 17,051 to 22,762 in the year ending September 30, 2024. Non-business bankruptcy filings rose 15.5 percent to 481,350, compared with 416,607 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
September 30, 2020-2024

Year	Business	Non-Business	Total
2024	22,762	481,350	504,112
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

Total Bankruptcy Filings By Chapter,
Years Ending
September 30, 2020-2024

Year	Chapter
	7	11	12	13
2024	298,644	9,012	202	195,971
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

The following bankruptcy filings statistics tables are available: 

• Business and non-business bankruptcy filings for the 12-month period ending Sept. 30, 2024 (Table F-2, 12-Month),
• A comparison of 12-month data ending September 2023 and September 2024 (Table F),
• Filings for the most recent three months, (Table F-2, 3 Month); and filings by month (Table F-2, July, August, September),
• Bankruptcy filings by county (Table F-5A).

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

Rudy Giuliani’s quest to cut down hundreds of thousands in bankruptcy fees by nearly half has not gone on in his favor, even after he claimed to be “overbilled” and even after the judge in the case and the forensic financial advisor both reduced the amount of money owed.

A Friday filing from Global Data Risk noted that the prior ask of $324,843.75 in fees was dropping down to $300,480.47, as a consequence of the objections of the U.S. Trustee’s Office and U.S. Bankruptcy Judge Sean Lane’s decision.

“In response to objections that the United States Trustee raised informally, GDR agreed to voluntarily reduce its fees by $7,562.50. The Court reduced the total fees to be paid by an additional $16,800.78,” a footnote detailed.

Personal and business bankruptcy filings rose 16.2 percent in the twelve-month period ending June 30, 2024, compared with the previous year. 

According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 486,613 in the year ending June 2024, compared with 418,724 cases in the previous year.

Business filings rose 40.3 percent, from 15,724 to 22,060 in the year ending June 30, 2024. Non-business bankruptcy filings rose 15.3 percent to 464,553, compared with 403,000 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, 2020-2024

Year	Business	Non-Business	Total
2024	22,060	464,553	486,613
2023	15,724	403,000	418,724
2022	12,748	367,886	380,634
2021	18,511	443,798	462,309
2020	22,482	659,881	682,363

Total Bankruptcy Filings By Chapter,
Years Ending
June 30, 2020-2024

Year	Chapter
	7	11	12	13
2024	284,975	8,717	181	192,421
2023	239,125	5,986	147	173,362
2022	239,750	4,429	201	136,169
2021	335,886	6,871	438	118,864
2020	436,919	7,568	589	237,099

The following bankruptcy filings statistics tables are available: 

• Business and non-business bankruptcy filings for the 12-month period ending June 30, 2024 (Table F-2, 12-Month),
• A comparison of 12-month data ending June 2023 and June 2024 (Table F),
• Second quarter filings, (Table F-2, 3 Month); and filings by month (Table F-2, April, May, June),
• Bankruptcy filings by county (Table F-5A).

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

One of the largest hospital bankruptcies in history is leading to new concerns that some communities will be left without access to medical care. CBS News chief medical correspondent Dr. Jon LaPook has more.

The judge presiding over Rudy Giuliani’s bankruptcy on Thursday granted a reprieve by declining to decide, then and there, whether the former New York City mayor should have to sell his million-dollar Florida condo, but the jurist also issued a clear warning: The worst is very likely yet to come.

Before a Thursday hearing, Giuliani asked U.S. Bankruptcy Judge Sean Lane not to force him to sell the condo as he appeals the $148 million Georgia election workers defamation judgment that sent him into bankruptcy. Giuliani has maintained that the judgment was “unreasonable on its face” and has expressed doubts that Ruby Freeman and Shaye Moss suffered “any” damages.

Giuliani argued that ordering him to sell the Florida condo now when, in his view, the judgment may be significantly reduced on appeal, would cause him irreparable harm — and, in any event, he’s already agreed to sell his Manhattan property. He also said he’s “working diligently to grow his broadcast income” and plans to use the Florida condo to do so, which would “only serve to benefit creditors.”

Total bankruptcy filings rose 16.8 percent, with significant increases in both business and non-business bankruptcies, in the twelve-month period ending Dec. 31, 2023. This accelerates a continuing rebound in filings 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 452,990 in the year ending December 2023, compared with 387,721 cases in the previous year.

Business filings rose 40.4 percent, from 13,481 to 18,926, in the year ending Dec. 31, 2023. Non-business bankruptcy filings rose 16 percent to 434,064, compared with 374,240 in December 2022.

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

This is the fourth straight quarter that total bankruptcy filings have risen, following a decade-plus decline. Bankruptcies fell especially sharply after the pandemic began in early 2020, despite some COVID-related disruptions to the economy.

Despite the recent increases, the newest totals remain far lower than in December 2010, when filings peaked at just less than 1.6 million.

Business and Non-Business Filings,
Years Ending
December 31, 2019-2023

Year	Business	Non-Business	Total
2023	18,926	434,064	452,990
2022	13,481	374,240	387,721
2021	14,347	399,269	413,616
2020	21,655	522,808	544,463
2019	22,780	752,160	774,940

Total Bankruptcy Filings By Chapter,
Years Ending
December 31, 2019-2023

Year	Chapter
	7	11	12	13
2023	261,277	7,456	139	183,956
2022	225,455	4,918	169	157,087
2021	288,327	4,836	276	120,002
2020	378,953	8,333	560	156,377
2019	480,206	7,020	599	286,979

The following bankruptcy filings statistics tables are available: 

• Business and non-business bankruptcy filings for the 12-month period ending Dec. 31, 2023 (Table F-2, 12-Month),
• A comparison of 12-month data ending December 2022 and December 2023 (Table F),
• Filings for the most recent three months, (Table F-2, 3 Month); and filings by individual months (Table F-2, October, November, December),
• Bankruptcy filings by county (Table F-5A).

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

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3. Giuliani owes more than $152M, including…

Bankruptcy Law

Giuliani owes more than $152M, including $148M verdict, bankruptcy filing says

By Debra Cassens Weiss

December 22, 2023, 8:51 am CST

Lawyer Rudy Giuliani, who once represented former President Donald Trump, owes more than $152 million, and that doesn’t include the potential damages that he faces in pending lawsuits, according to his Chapter 11 bankruptcy filing Thursday.

The debts include $1.36 million owed to Davidoff Hutcher & Citron, a law firm that represented Giuliani in criminal cases, and more than $387,000 owed to a firm that represented him in legal ethics proceedings, the New York Times reports.

The largest debt, however, is the $148 million that Giuliani was ordered to pay to two Georgia election workers for defamation and emotional distress for false claims about vote tampering.

Giuliani estimates the value of his assets at $1 million to $10 million in the Dec. 21 petition, filed in the U.S. District Court for the Southern District of New York.

Publications besides the New York Times covering the bankruptcy filing include the Associated Press, Bloomberg Law, Reuters and Law.com.

Ted Goodman, a political adviser and a spokesperson for Giuliani, told the New York Times that the bankruptcy filing will give Giuliani time to pursue an appeal in the election-workers case, provide transparency for his finances, and “ensure all creditors are treated equally and fairly throughout the process.”

Giuliani’s potential liabilities include several pending suits, including two by voting machine companies Dominion Voting Systems and Smartmatic, which sued over stolen-election claims.

See also:

“Giuliani ordered to pay over $89K discovery sanction in poll workers’ suit”

“Giuliani should be disbarred for basing election suit on ‘speculation’ and ‘suspicion,’ ethics committee says”

“Rudy Giuliani defends election suit, claims persecution in ethics hearing that became ‘a tad argumentative’”

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 pandemic began in early 2020, despite some COVID-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

The following bankruptcy filings statistics tables are available:  

• Business and non-business bankruptcy filings for the 12-month period ending Sept. 30, 2023 (Table F-2, 12-Month), 
• A comparison of 12-month data ending September 2022 and September 2023 (Table F), 
• Filings for the most recent three months, (Table F-2, 3 Month); and filings by individual months (Table F-2, July, August, September), 
• Bankruptcy filings by county (Table F-5A). 

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