Coding the Future

January 2022 New Bankruptcy Filings Continue Decline

january 2022 New Bankruptcy Filings Continue Decline
january 2022 New Bankruptcy Filings Continue Decline

January 2022 New Bankruptcy Filings Continue Decline Total number of open bankruptcy cases down 16.5% year over year open bankruptcy cases all chapters, january 2021 vs 2022 new york, feb. 03, 2022 (globe newswire) epiq, a global technology. Year over year, january saw new chapter 13 filings were up 13.2% over january 2021, which had 9,127 new filings. in january 2022, the u.s. southeast region continued to lead new chapter 13 filings with georgia (1,065), alabama (811), florida (732), and tennessee (685) leading the way as the largest states with filing activity.

Chapter 13 filings continue To Grow In january
Chapter 13 filings continue To Grow In january

Chapter 13 Filings Continue To Grow In January Total number of open bankruptcy cases down 16.5% year over year. Most industry groups saw bankruptcy filings decline from mid 2020 pandemic highs. new york—following the spike in large corporate bankruptcy filings triggered by the covid 19 pandemic, filings in 2021 and the first half of 2022 fell to levels below historical averages, according to a cornerstone research report released today. The first half of 2022 saw four chapter 11 mega bankruptcy filings, compared to nine in the first half of 2021 and at a pace significantly lower than the annual average of 22 filings in 2005–2021. New york – january 4, 2022 – epiq, a global technology enabled services leader to the legal services industry and corporations, released its december 2021 bankruptcy filing statistics from its epiq bankruptcy aacer platform. overall, december new filings were 27,957 across all chapters, down 4.7% from november 2021 which had 29,328 new filings.

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