October saw a 13% decrease in commercial Chapter 11 bankruptcy filings, according to a monthly report from Epiq AACER and ABI. There were 563 commercial chapter 11 filings registered in October 2024, down from the 647 filings registered in October...
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November 06, 2024, 08:10 AM
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The 6,067 total commercial chapter 11 bankruptcies filed during the first nine months of 2024 represented a 36 percent increase over the 4,561 filed during the same period in 2023, according to data provided by Epiq AACER, the leading provider of U.S...
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October 04, 2024, 08:10 AM
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As part of its continuing study of Subchapter V of the Bankruptcy Code, ABI launched a website for professionals to share their experiences about the real-world impact of Subchapter V in helping small businesses reorganize and helping their creditors...
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August 12, 2024, 05:15 PM
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The 987 total commercial chapter 11 bankruptcies filed during the first six months of 2024 represented a 70 percent increase over the 582 filed during the same period in 2023, according to data provided by Epiq AACER, the leading provider of U.S....
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July 03, 2024, 08:00 AM
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The following members of the American Bankruptcy Institute (ABI) were elected to leadership positions as officers and directors: Christopher A. Ward of Polsinelli (Wilmington, Del.) has become ABI President for a one-year term, succeeding Soneet R....
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April 24, 2024, 08:05 AM
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The American Bankruptcy Institute (ABI) supports the recently introduced S. 4150 by Sen. Richard Durbin (D-Ill.) to extend key provisions of the “Bankruptcy Threshold Adjustment and Technical Corrections Act” that were due to sunset on June 21 for an...
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April 19, 2024, 07:46 AM
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New bankruptcy filings during the first calendar quarter of 2024 (Jan. 1 through March 31) registered year-over-year increases across all U.S. major filing categories, according to data provided by Epiq Bankruptcy, the leading provider of U.S....
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April 03, 2024, 08:00 AM
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Commercial chapter 11 bankruptcy filings climbed 118 percent in February 2024, with the 822 filings versus the 377 filings in February 2023, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. The...
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March 05, 2024, 08:08 AM
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Total bankruptcy filings were 36,607 in January 2024, a 17 percent increase from the January 2023 total of 31,176, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. January marks 18 consecutive months...
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February 05, 2024, 07:57 AM
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Commercial chapter 11 filings increased 72 percent to 6,569 in calendar year 2023 from the previous year’s total of 3,819, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Overall commercial filings...
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January 04, 2024, 07:58 AM
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The bankruptcy filing by WeWork, Inc. in November propelled November commercial chapter 11 filings to 842, an increase of 141 percent over the 349 filings registered in November 2022, according to data provided by Epiq Bankruptcy.The case filed by...
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December 05, 2023, 07:48 AM
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Charvi Gupta, a Director at Getzler Henrich & Associates (), has been honored as one of the American Bankruptcy Institute’s (ABI) 40 Under 40 Emerging Leaders in Insolvency Practice for 2023. The recognition, which identifies and honors 40...
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December 04, 2023, 07:27 AM
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The 4,553 total commercial chapter 11 bankruptcies filed during the first nine months of 2023 represented a 61 percent increase over the 2,837 filed during the same period in 2022, according to data provided by Epiq Bankruptcy, the leading provider...
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October 04, 2023, 07:55 AM
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There were 634 commercial chapter 11 filings registered in August 2023, an increase of 54 percent from the 411 filings registered in August 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data....
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September 06, 2023, 08:04 AM
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There were 362 commercial chapter 11 filings registered in July 2023, an increase of 71 percent from the 212 filings registered in July 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Overall...
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August 03, 2023, 08:00 AM
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Small business filings, captured as subchapter V elections within Chapter 11, increased 81 percent to 157 in April 2023 from 87 in April 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. All...
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May 03, 2023, 08:00 AM
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The following members of the American Bankruptcy Institute (ABI) were elected to leadership positions as officers and directors: Soneet R. Kapila of KapilaMukamal, LLP (Fort Lauderdale, Fla.) becomes ABI President for a one-year term, succeeding Hon...
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April 25, 2023, 07:50 AM
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New bankruptcy filings in March 2023 registered year-over-year increases across all U.S. major filing categories for the third month in a row, according to data provided by Epiq Bankruptcy, provider of U.S. bankruptcy filing data.A total of 42,368...
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April 04, 2023, 07:56 AM
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New bankruptcy filings in February 2023 registered double-digit increases year-over-year across all U.S. major filing categories, according to data provided by Epiq Bankruptcy. The 31,889 total new bankruptcy filings in February were up 18 percent...
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March 03, 2023, 07:58 AM
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Bankruptcy new filings were up year-over-year across Chapter 7, 11, 13 and 15 in January 2023, according to data provided by Epiq Bankruptcy.Total commercial filings increased 12 percent to 1,694 in January 2023 over the 1,508 total filings reported...
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February 06, 2023, 07:45 AM
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Bankruptcy filings in August 2022 across all chapters totaled 35,355, a 10 percent increase from the August 2021 total of 32,276, according to new research released from Epiq's Bankruptcy Analytics platform.Overall commercial filings increased 6...
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September 02, 2022, 07:57 AM
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There were 212 commercial chapter 11 filings registered in July 2022, a decrease of 13 percent from the 245 filings in July 2021, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Overall commercial...
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August 04, 2022, 07:30 AM
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The 447 commercial chapter 11 filings in June represented a 29 percent increase from the 347 filings in June 2021, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Overall commercial filings...
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July 07, 2022, 07:20 AM
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There were 330 commercial chapter 11 filings registered in May 2022, an increase of 34 percent from the 246 filings in May 2021, according to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data. Overall commercial filings...
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June 06, 2022, 07:35 AM
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The American Bankruptcy Institute (ABI) announced that William H. Henrich of Getzler Henrich & Associates LLC has been named to a two-year term as ABI Treasurer. An ABI member since 1998, Henrich was recently an at-large member of ABI’s Executive...
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May 17, 2022, 07:09 AM
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The American Bankruptcy Institute (ABI) elected Ken Mann, Managing Director at SC&H Capital, to its national Board of Directors. Mann was also recognized as ABI’s 2021 Committee Member of the Year. As a Managing Director at SC&H Capital, a leading...
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May 10, 2022, 07:55 AM
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The American Bankruptcy Institute (ABI) announced that Hon. Kevin J. Carey (ret.) of Hogan Lovells US LLP (Philadelphia) has been selected by the ABI Board of Directors to be President for a one-year term. An ABI member since 1997 and previously...
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May 05, 2022, 07:55 AM
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Total U.S. bankruptcy filings in April 2022 decreased 21 percent from the previous year, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Bankruptcy filings totaled 32,508 in April 2022, down from...
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May 05, 2022, 07:24 AM
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The American Bankruptcy Institute (ABI) applauds the Senate’s swift passage yesterday of the amended S.3823, the “Bankruptcy Threshold Adjustment and Technical Corrections Act.” Sen. Charles Grassley (R-Iowa) had recently introduced the legislative...
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April 11, 2022, 07:45 AM
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The total 36,049 bankruptcy filings for March represented a 34 percent increase over the 26,993 filings during the previous month of February, according to data provided by Epiq Bankruptcy. Similarly, the 34,244 total noncommercial filings for March...
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April 06, 2022, 07:45 AM
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The American Bankruptcy Institute (ABI) applauds the introduction of S. 3823, the “Bankruptcy Threshold Adjustment and Technical Corrections Act,” which would permanently set the debt limit at $7.5 million for small businesses electing to file for...
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March 21, 2022, 07:26 AM
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Commercial Chapter 11 filings in February totaled 203, a 52 percent drop from the 420 commercial Chapter 11 filings in February 2021, according to data provided by Epiq. The 1,420 commercial filings in February 2022 were 28 percent less than the...
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March 08, 2022, 07:45 AM
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The 195 commercial chapter 11 filings in November 2021 represented a 70 percent decrease from the 654 filings in November 2020, according to data provided by Epiq. Commercial bankruptcy filings as a whole totaled 1,565 in November 2021, a 33 percent...
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December 08, 2021, 07:40 AM
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Commercial Chapter 11 filings totaled 247 in September, a 67 percent decrease from September 2020’s total of 749 filings. September 2020 business filings were 1,690, a decrease of 37 percent compared to the 2,683 business filings in September...
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October 08, 2021, 07:52 AM
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Commercial chapter 11 filings decreased 50 percent in August 2021 from last year, according to data provided by Epiq Systems. The 264 commercial chapter 11 filings in August 2021 fell by exactly half from the 528 filings registered in August 2020....
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September 08, 2021, 07:23 AM
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The 349 commercial chapter 11 filings in June represented a 42 percent increase from the 246 filings in May 2021, according to data provided by Epiq. Total commercial filings in June increased 11 percent to 1,983 from the 1,791 commercial filings in...
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July 08, 2021, 07:00 AM
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Total commercial Chapter 11 filings in May decreased 66 percent from the previous year, according to data provided by Epiq, the American Bankruptcy Institute said. Commercial Chapter 11 filings totaled 246 in May, down from the 725 commercial Chapter...
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June 07, 2021, 07:14 AM
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Total U.S. bankruptcy filings in April 2021 increased 6 percent from the previous year, according to data provided by Epiq. Bankruptcy filings totaled 40,911 in April 2021, up from the April 2020 total of 38,459, when filings sharply declined in the...
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May 07, 2021, 08:06 AM
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The American Bankruptcy Institute (ABI) announced that Eve H. Karasik of Levene Neale Bender Yoo & Brill (Los Angeles) has been named to a two-year term as the first ABI Vice President-Diversity & Inclusion. The position was created this year to...
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May 06, 2021, 07:34 AM
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The following members of the American Bankruptcy Institute (ABI) were elected to leadership positions as officers and directors: Robert P. Reynolds of Reynolds, Reynolds & Little, LLC (Tuscaloosa, Ala.) becomes ABI President for a one-year term...
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April 26, 2021, 08:02 AM
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Getzler Henrich's Mark D. Podgainy is participating on a panel hosted by the American Bankruptcy Association at its Annual Spring Meeting 2021 entitled "Dealing with the Insolvent or Near-Insolvent Hotel Debtor — Debtor and Creditor Perspectives...
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April 13, 2021, 06:54 AM
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The American Bankruptcy Institute (ABI) sent a letter to Senate Judiciary Committee leadership on Friday supporting S. 473, the "COVID-19 Bankruptcy Relief Extension Act," to extend, for another year, bankruptcy-relief provisions due to sunset in the...
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March 09, 2021, 07:06 AM
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Total commercial Chapter 11 filings in July increased 52 percent from the previous year, according to data provided by Epiq. Commercial Chapter 11 filings totaled 643 in July, expanding from the July 2019 total of 423, according to the American...
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August 06, 2020, 09:15 AM
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Total commercial Chapter 11 filings in May increased 48 percent from the previous year, according to data provided by Epiq Systems, Inc. Commercial Chapter 11 filings totaled 722 in May 2020, elevated from the May 2019 total of 487, the American...
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June 04, 2020, 09:15 AM
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otal Commercial Chapter 11 bankruptcy filings for the first calendar quarter of 2020 increased 14 percent from the same period last year, according to data provided by Epiq Systems, Inc. The 1,709 total commercial Chapter 11s from Jan. 1 through...
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April 07, 2020, 08:55 AM
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Total commercial Chapter 11 filings in February 2020 decreased 20 percent over the same period last year, according to data provided by Epiq Systems, Inc. The 547 commercial Chapter 11 filings in February 2020 were down from the 685 commercial...
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March 17, 2020, 09:15 AM
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Total commercial Chapter 11 filings in January 2020 increased 72 percent over the same period last year, according to data provided by Epiq Systems, Inc., the American Bankruptcy Institute reported. The 630 Commercial Chapter 11 filings in January...
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February 06, 2020, 09:10 AM
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Commercial Chapter 11 filings totaled 414 in September, a 33 percent increase over September 2018’s total of 312 filings, according to data provided by Epiq Systems, Inc. Overall business filings increased 11 percent to 3,129 filings in September...
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October 04, 2019, 09:00 AM
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The following members of the American Bankruptcy Institute (ABI) were elected to leadership positions as officers and directors during ABI’s 2019 Annual Spring Meeting, held April 11-14 in Washington, D.C.:
Alane A. Becket of Becket & Lee, LLP...
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April 17, 2019, 09:00 AM
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Commercial Chapter 11 filings declined slightly in January, with 365 total commercial Chapter 11 filings down from January 2018’s total of 366, according to data provided by Epiq Systems, Inc. Total commercial bankruptcy filings increased slightly to...
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February 07, 2019, 08:00 AM
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Total commercial Chapter 11 filings during calendar year 2018 dropped 5 percent compared with 2017, 5,470 from 5,762, according to data provided by Epiq Systems, Inc. The 37,822 total commercial filings during 2018 dipped 2 percent from the...
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January 09, 2019, 07:10 AM
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Commercial Chapter 11 filings increased 75 percent in October 2018 over October of last year, according to data provided by Epiq Systems, Inc. The 554 commercial Chapter 11 filings registered in October 2018 were up from October 2017’s commercial...
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November 06, 2018, 08:00 AM
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Commercial Chapter 11 bankruptcies for August totaled 361, down 27 percent from the 492 commercial Chapter 11 filings in August 2017, according to data provided by Epiq Systems, Inc. Total business filings decreased 6 percent to 3,164 from August...
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September 07, 2018, 07:17 AM
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Commercial Chapter 11 bankruptcies for the month of July 2018 totaled 411, up 23 percent from the 333 commercial Chapter 11 filings last July, according to data provided by Epiq Systems, Inc. Total business filings in July 2018 increased 5 percent to...
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August 07, 2018, 07:06 AM
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Total commercial Chapter 11 bankruptcies for the month of June 2018 were 306, representing a 49 percent decrease from the 601 commercial chapter 11 filings in June 2017, according to data provided by Epiq Systems, Inc. Total commercial bankruptcies...
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July 06, 2018, 07:15 AM
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Total U.S. bankruptcy filings increased 3 percent in April 2018 over April of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 69,736 in April 2018, up from the April 2017 total of 67,710. The 66,510 consumer...
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May 07, 2018, 07:29 AM
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Total commercial bankruptcy filings decreased slightly in February 2018 to 2,795, representing a 2.5 percent decrease from the 2,866 business filings recorded in February 2017, according to data provided by Epiq Systems, Inc. The 425 total commercial...
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March 12, 2018, 08:00 AM
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Total commercial chapter 11 filings during calendar year 2017 (Jan. 1-Dec. 31) were 5,744, a 6 percent increase from the 5,447 filings in 2016, according to data provided by Epiq Systems, Inc. There were 38,062 commercial filings during calendar year...
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January 08, 2018, 07:27 AM
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Total U.S. bankruptcy filings increased 2 percent in October 2017 over October of last year, according to data provided by Epiq Systems, Inc. Filings totaled 64,579 in October 2017, up slightly from the October 2016 total of 63,082. Consumer...
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November 06, 2017, 07:19 AM
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Commercial chapter 11 filings totaled 426 in August, a 29 percent increase over July’s total of 331 filings, according to data provided by Epiq Systems, Inc. Overall business filings also increased as the 3,255 filings were 13 percent more than...
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September 08, 2017, 07:25 AM
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Total commercial chapter 11 bankruptcies for the month of June 2017 were 581, representing a 16 percent increase from the 502 commercial chapter 11 filings in June 2016, according to data provided to the American Bankruptcy Institute by Epiq Systems...
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July 07, 2017, 07:10 AM
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Total U.S. bankruptcy filings increased 5 percent in May 2017 over May of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 69,668 in May 2017, up from the May 2016 total of 66,138. The 66,096 consumer bankruptcy...
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June 06, 2017, 07:22 AM
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Total U.S. bankruptcy filings fell nearly 4 percent in April 2017 from the same period in 2016, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 67,670 in April, down 3.96 percent from the 70,457 filings reported in April...
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May 05, 2017, 07:20 AM
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Individuals account for more than a quarter of chapter 11 bankruptcy filings, and this share has grown over time. That's according to the results of the “National Study of Individual Chapter 11 Bankruptcies,” commissioned by the ABI Endowment...
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April 17, 2017, 07:11 AM
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Total U.S. bankruptcy filings fell slightly in the first calendar quarter (Jan. 1 - March 31) of 2017 from the same period in 2016, according to data provided by Epiq Systems, Inc.and released by the American Bankruptcy Institute.
Bankruptcy filings...
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April 10, 2017, 07:20 AM
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Total U.S. bankruptcy filings increased 5 percent in January 2017 from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 55,212 in January 2017, up from the January 2016 total of 52,560. With the...
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February 06, 2017, 07:00 AM
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Total bankruptcy filings totaled 819,240 nationwide for calendar year 2015 (Jan. 1-Dec. 31), a 10 percent decrease from the 910,397 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 789,222 total...
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January 08, 2016, 07:11 AM
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Total bankruptcy filings in the United States increased 5 percent in November 2015 from November of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 65,511 in November 2015, up from the November 2014 total of...
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December 04, 2015, 07:38 AM
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Total bankruptcy filings in the United States decreased 16 percent in August 2014 over August of last year, according to data provided by Epiq Systems, Inc., the largest year-over-year drop thus far in 2014. Bankruptcy filings totaled 75,170 in...
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September 05, 2014, 07:43 AM
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Total bankruptcy filings in the United States decreased 12 percent in February over the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 72,193 in February 2014, down 12 percent from the February 2013...
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March 06, 2014, 07:29 AM
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Total bankruptcy filings totaled 544,390 nationwide during the first six months of 2013 (Jan. 1-June 30), a 14 percent decrease from the 632,541 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 520...
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July 08, 2013, 07:46 AM
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Total bankruptcy filings in the United States decreased 12 percent in May over last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 96,430 in May 2013, down from the May 2012 total of 109,538. Consumer filings...
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June 06, 2013, 07:35 AM
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Total bankruptcy filings in the U.S. for November 2012 decreased 12 percent compared to the previous year, according to data provided by Epiq Systems, Inc. November bankruptcy filings totaled 86,946, down from the 98,534 filings registered in...
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December 06, 2012, 07:26 AM
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Total bankruptcy filings in the United States for the month of August increased 7% compared to July, according to data provided by Epiq Systems, Inc. August bankruptcy filings totaled 104,336, up from the 97,104 filings registered in July 2012. The...
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September 07, 2012, 08:00 AM
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