Bankrupt Companies 2025. The credit bureau expects a total of 22,400 companies to declare insolvency by the end of 2024, up from 17,814 cases the year before. Rhoads also noted general retail challenges, including.

Chapter 7 filings are expected to lead growth as consumer debt levels remain elevated. Us corporate bankruptcy filings reached a new high in march as companies continue to battle high interest rates and lingering operational challenges.