More Than 574,000 Bankruptcies Filed in 2025: Is Chapter 13 Right?
Bankruptcy Filings Are Surging: What Chicago Residents Need to Know The numbers tell a striking story. Annual bankruptcy filings totaled 574,314 in the year ending December 2025, compared with 517,308 cases the previous year, representing an 11 percent increase, with non-business filings driving most growth. This marks a roughly 27% increase from 2023 levels. For […]