Printed from: AIS
  https://www.aisinfo.com/

Print Page
Print

 

26https://www.aisinfo.com/blog/2021/12/ais-insight-blog-november-2021
November Bankruptcies Down 15% from 2020, While October to November Seasonality Remains Consistent
12/06/2021 08:00 AM Posted by: AIS

December 6th, 2021

NOVEMBER INSIGHT REPORT

AIS reports that November bankruptcy filings totaled 29,301, marking a year-over-year decrease of 15.05% and a 47.67% decrease when compared to pre-pandemic data (November 2019) (Figure 1). Through November 2021 bankruptcy filings for all chapters totaled 407,784, down 25.56% over the same period last year. The slight decrease (6.93%) from October to November is in line with the seasonality we see each year with filings. 

 

Featured Box Image

Figure 1

Featured Box Image

Figure 2

Featured Box Image

Figure 3

Our analysis of Chapter 7 and Chapter 13 bankruptcies reveals that numbers continue to stay below historical averages (Figure 4).  Chapter 7 filings totaled 18,392, marking a 7.84% decrease from October 2021 and a 24.45% decrease when compared to November 2020 (Figure 4). This is the ninth consecutive month for declining Chapter 7 filings. On the other hand, Chapter 13 filings totaled 10,671, marking a 4.39% decrease from October 2021. This marks the first month in the last sixth consecutive months where Chapter 13 filings decreased. Finally, we’d like to note that when compared to November 2020, we’re seeing a 13.63% increase in Chapter 13 filings (Figure 4).

Featured Box Image

Figure 4

Featured Box Image

Figure 5

Featured Box Image

Figure 6

For the month of November 2021, Chapter 11 filings decreased 35.65% from October 2021 totaling 222 (Figure 7). Which is a drastic decrease from November 2020 when total filings totaled 696. Chapter 11, Subchapter V filings increased by 0.96% from October 2021 totaling 105 (Figure 7).

Featured Box Image

Figure 7

Featured Box Image

Figure 8

Featured Box Image

Figure 9

The highest percentage of bankruptcies for November 2021 came from the South (East) (28%), followed by North Central (East) (20%), South (West) (16%), Pacific (13%), Northeast (11%), North Central (West) (6%) and Mountain (6%) regions of the country (Figure 10).

Featured Box Image

Figure 10

To download the November Insight Report, click here.

Blog Search

Categories

Archives

202404April1
April 2024 (1)
202403March1
March 2024 (1)
202402February1
February 2024 (1)
202401January1
January 2024 (1)
202312December2
December 2023 (2)
202311November1
November 2023 (1)
202310October2
October 2023 (2)
202309September7
September 2023 (7)
202308August4
August 2023 (4)
202307July2
July 2023 (2)
202306June1
June 2023 (1)
202305May1
May 2023 (1)
202304April2
April 2023 (2)
202303March2
March 2023 (2)
202302February2
February 2023 (2)
202301January1
January 2023 (1)
202212December2
December 2022 (2)
202211November1
November 2022 (1)
202210October2
October 2022 (2)
202209September2
September 2022 (2)
202208August1
August 2022 (1)
202207July2
July 2022 (2)
202206June2
June 2022 (2)
202205May1
May 2022 (1)
202203March2
March 2022 (2)
202202February1
February 2022 (1)
202201January1
January 2022 (1)
202112December1
December 2021 (1)
202111November1
November 2021 (1)
202110October1
October 2021 (1)
202107July1
July 2021 (1)
202106June1
June 2021 (1)
202105May1
May 2021 (1)
202104April1
April 2021 (1)
202101January1
January 2021 (1)
202012December2
December 2020 (2)
202011November1
November 2020 (1)
202010October1
October 2020 (1)
202009September1
September 2020 (1)
202008August1
August 2020 (1)
202007July1
July 2020 (1)
202006June3
June 2020 (3)
202005May3
May 2020 (3)
202004April2
April 2020 (2)



All Content Rights Reserved , AIS
Captavi - SaaS CMS Platform ©