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Bankruptcies: US: Difference between revisions
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!Small business | !Small business | ||
!Individual bankruptcy filings | !Individual bankruptcy filings | ||
|- | |||
!Nov-23 | |||
|37,860 | |||
|2,252 | |||
|842 | |||
|181 | |||
|35,608 | |||
|- | |- | ||
!Oct-23 | !Oct-23 | ||
|40, | |40,663 | ||
|2, | |2,376 | ||
|631 | |631 | ||
| | |185 | ||
|38, | |38,287 | ||
|- | |- | ||
!Sep-23 | !Sep-23 | ||
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|35,636 | |35,636 | ||
|} | |} | ||
=== November 2023 === | |||
* Charter 11 bankruptcies in November were 842, an increase of 141 percent over the 349 filings registered in November 2022.<ref>https://bankruptcy.epiqglobal.com/blog/october-commercial-chapter-11-filings-increased-106-percent-over-2023-0</ref> | |||
* Overall commercial filings increased 21 percent to 2,252 in November 2023, up from the 1,864 commercial filings registered in November 2022 | |||
* Small business filings, captured as subchapter V elections within chapter 11, increased 79 percent to 181 in November 2023, up from 101 in November 2022. | |||
* '''Total bankruptcy filings were 37,860 in November 2023, a 21 percent increase from the November 2022 total of 31,187.''' | |||
* Individual bankruptcy filings also registered a 21 percent year-over-year increase, as the 35,608 in November 2023 represented an increase over the 29,323 filings in November 2022. | |||
=== October 2023 === | === October 2023 === | ||
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== S&P Global == | == S&P Global == | ||
''Bankruptcy figures include public companies or private companies with public debt with a minimum of $2 million in assets or liabilities at the time of filing, in addition to private companies with at least $10 million in assets or liabilities. S&P Global Market Intelligence may remove companies from this list if it discovers that their total assets and liabilities do not meet the threshold requirement for inclusion.'' | ''Bankruptcy figures include public companies or private companies with public debt with a minimum of $2 million in assets or liabilities at the time of filing, in addition to private companies with at least $10 million in assets or liabilities. S&P Global Market Intelligence may remove companies from this list if it discovers that their total assets and liabilities do not meet the threshold requirement for inclusion.'' | ||
[[File: | [[File:423001100.png|alt=|center|thumb|802x802px|https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-corporate-bankruptcies-fall-in-november-with-34-new-filings-79694316]] | ||
=== November 2023 === | |||
S&P Global Market Intelligence recorded a total of 34 bankruptcy filings in November, down from a revised tally of 49 for October. November's total signaled a marked departure from the general trend of elevated monthly filings seen throughout 2023 and was more in line with 2021 and 2022 levels.<ref>https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-corporate-bankruptcies-fall-in-november-with-34-new-filings-79694316</ref> | |||
The year-to-date number of filings exceeds all yearly totals over the previous decade, other than 2020. | |||
=== September 2023 === | === September 2023 === | ||