BURLINGAME, Calif. — In a departure from historical patterns, consumer bankruptcy filings in December 2025 increased both month-over-month and year-over-year, according to national bankruptcy data tracked by G2 Risk Solutions (G2RS).
The company reported consumer filings increased 5.8% from November 2025 and nearly 21% over December 2024.
Historically, bankruptcy filings tend to decrease cyclically in November and December, Ryan Sanders, director, said in a statement, noting that many filers choose to defer the stress and filing fees until after the holidays.
Total consumer filings reached 44,890 in December.
‘Continued to Build’
“Filing activity not only increased by nearly 12% in 2025, but also continued to build into December, a notable departure from historical patterns,” Sanders said in a statement. “The late-year momentum in consumer bankruptcies will be important to monitor in early 2026, given the growing disconnect between consumer stress and broader market performance.”
Sanders also pointed to the divergence between stock market performance and signs of consumer stress, noting that a deterioration in consumer credit, combined with a softening labor market, could eventually spill over into earnings.
Below Pandemic Levels
G2RS noted in its analysis that even though consumer bankruptcies have increased over the past five years, filings remain about 25% below pre-pandemic levels.
Commercial Filings
The company also reported that on the commercial side, filings decreased by 17.58% from November 2025 and came in 0.38% under December 2024. Commercial filings for December 2025 were 1,036. For the entire 2025-year, commercial filings remained stable compared to 2024, increasing by less than 1%.
