July 2021 Bankruptcy Filings Down 6%

NEW YORK – AUG 3, 2021 – Epiq, a global technology-enabled services leader to the legal services industry and corporations, released its July 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. Across all chapters, new filings in July were 32,375, down 6% from 34,277 in June. Commercial filings across all chapters were down 15% over June, with a total of 1,696 across all chapters. In fact, commercial 11 filings are down 43% over the last 7 months with only 2,411 new filings, compared to the first 7 months of 2020 that had 4,254 commercial chapter 11 filings.

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