New bankruptcy filings across all major industries saw year-over-year increases for the third month in a row in March, with corporate bankruptcy filings reaching their highest first-quarter levels since 2010.
A total of 42,368 new bankruptcies were filed in March, up 17 percent from the 36,068 filings registered a year prior, according to data from Epiq Bankruptcy, which provides U.S. bankruptcy court data, technology, and services.