Consumer Bankruptcies Dip in November, Year-Over-Year Trend Remains Upward

Commercial bankruptcies rose 13% month-over-month, and nearly 14% year-over-year

December 16, 2025 —Burlingame, Calif. — Consumer bankruptcy filings dropped -18.4% to 42,372 in November 2025 from the previous month, according to data observed by G2 Risk Solutions (G2RS), one of the country’s largest providers of bankruptcy management services. However, when compared against November 2024, the total consumer filings for the month were up 8.11% year-over-year (YoY).

On the commercial side, bankruptcy filings in November increased 13% over October 2025 to reach 1,259. When compared against November 2024, filings were up 13.73% YoY.

“While November’s consumer bankruptcy data shows a marked monthly decline, the year-over-year comparison tells a more complex story,” said Ryan Sanders, director at G2 Risk Solutions. “A slowdown in filings is typical around the holidays, but when averaged daily, the filings held virtually steady. This indicates that the underlying activity remains firm, and households are continuing to feel the strain of elevated costs, tighter credit conditions, and declining home values.” 

Sanders noted that while commercial filings jumped from October to November, they are up only slightly for the entire year when compared against 2024.

G2RS monitors all bankruptcy filings nationwide. 

About G2 Risk Solutions (G2RS)

G2 Risk Solutions is the definitive expert in risk and compliance business intelligence for financial institutions and online platforms. We are industry pioneers providing market-leading solutions for merchant risk, identity verification, digital commerce risk, and bankruptcy risk. We are driving innovation and shaping the future of risk management through unprecedented data, technology, and global compliance and risk expertise, providing the financial services and digital commerce ecosystems with the tools needed to navigate complex and ever-changing regulatory requirements and mitigate risk. 

To learn more, visit g2risksolutions.com