Chapter 11 Bankruptcy Filings Increase 42%
Chapter 11 Bankruptcy Filings Increase 42% Authored by Naveen Athrappully via The Epoch Times, There were 644 commercial Chapter 11 bankruptcy filings in April 2026, a 42 percent yearly increase, according to a May 6 statement from the American Bankruptcy Institute (ABI). A Chapter 11 bankruptcy seeks to reorganize a company’s debts, with the aim of keeping the business operational and, eventually, becoming solvent. This is the most common type of bankruptcy filing made by busines...
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