US Consumer, Commercial Bankruptcy Filings Show September Increases

After a brief August dip, September filings increased 2.2% for consumers and more than 12% for businesses

October 16, 2025—Burlingame, Calif.— Following a slight decline in August, new monthly bankruptcy data from G2 Risk Solutions (G2RS) shows consumer bankruptcy filings in September 2025 increased 2.2% over August, reaching 47,950 for the month. Commercial filings increased more than 12% in September, for a monthly total of 1,174.

G2RS monitors all bankruptcy filings nationwide. 

Compared to September 2024, consumer filings are up a significant 15.7% year-over-year (YoY). For 2025 to-date, consumer filings are up 10.7% over 2024.

Commercial filings increased by 12.45% from August 2025, and 4.17% over September 2024. For the year-to-date picture, total commercial filings for 2025 thus far (9,819) have nearly reached the full year totals reached in 2024 (9,978)—and 2024 represented the highest number of commercial filings since before the pandemic.

“The moderation in mortgage rates has provided some cushion for homeowners, but it hasn’t reversed the broader upward momentum in consumer bankruptcies,” said Ryan Sanders, director at G2RS. “Persistent inflation elevated revolving debt, and normalization of post-pandemic credit quality continue to drive filings higher.”Previous bankruptcy data releases are available at g2risksolutions.com in the G2RS newsroom.

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.