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Bankruptcies Continue to Decline, Steep Rise in Chapter 7 Filings
07/06/2020 04:00 PM Posted by: AIS
This month’s AIS Insight report shows that bankruptcies in the month of June totaled 42,411 representing a 30.56% decrease from the 61,078 filed in June 2019. June marked the fourth consecutive month of declining bankruptcy volumes, compared to the same time period in 2019. The report also illustrates a steep rise in Chapter 7 bankruptcies, which now account for nearly 75% of all filings.

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