Bankruptcies Jump More Than 16 Percent Yearly: US Courts

Filings have risen every quarter since June 2022.

The WeWork logo is seen at one of the company's offices in New York City on Jan. 16, 2020. Mark Lennihan/AP Photo

Total bankruptcies in the United States saw a double-digit increase in September year over year, with business filings rising by about a third, according to new data from the Administrative Office of the U.S. Courts.

“Personal and business bankruptcy filings rose 16.2 percent in the 12-month period that ended on Sept. 30, 2024, compared with the previous year,” the office stated on Nov. 7.