> ## Content Index
> Fetch the complete content index at: https://www.legalexaminer.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Bankruptcy filings plunge at height of pandemic
- URL: https://www.legalexaminer.com/silvestrini/economy/bankruptcy-filings-plunge-at-height-of-pandemic/
- Published: 2020-06-25T13:01:18.000Z
- Updated: 2020-06-25T13:01:18.000Z
- Author: Elaine Silvestrini
- Tags: Economy, Workplace

Bankruptcy filings are significantly down in the U.S. this year, compared to last. According to the American Bankruptcy Institute, total bankruptcy filings were 42% lower in May 2020 than they were in May 2019, even as commercial Chapter 11 filings increased 48%.

Consumer bankruptcies were down 43% from the same time last year, but up 3% from April 2020.

| **Type of filing**         | **May 2019 filings** | **May 2020 filings** | **Change from May 2019 to May 2020** | **April 2020 filings** | **Change from April 2020 to May 2020** |
| -------------------------- | -------------------- | -------------------- | ------------------------------------ | ---------------------- | -------------------------------------- |
| **Commercial Ch. 11**      | 487                  | 722                  | +48%                                 | 562                    | +29%                                   |
| **All commercial filings** | 3,558                | 2,578                | \-28%                                | 2,293                  | +12%                                   |
| **Consumer filings**       | 65,302               | 37,391               | \-43%                                | 36,151                 | +3%                                    |
| **All filings**            | 68,860               | 39,969               | \-42%                                | 38,444                 | +4%                                    |

Source: [American Bankruptcy Institute](https://www.abi.org/newsroom/press-releases/may-commercial-chapter-11s-increase-48-percent-over-last-year-total-filings?ref=legalexaminer.com)

**States with highest per capita filing rates in May 2020:**

1. Alabama (4.66 filings per 1,000 population)
2. Tennessee (4.05)
3. Delaware (3.9)
4. Mississippi (3.64)
5. Georgia (3.45)