BURLINGAME, Calif.— Consumer bankruptcy filings dropped -18.4% to 42,372 in November 2025 from the previous month, according to data reported by G2 Risk Solutions (G2RS), a provider of bankruptcy management services.
“However, when compared against November 2024, the total consumer filings for the month were up 8.11% year-over-year, the company said in a statement.
According to G2 Risk Solutions, 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,” Ryan Sanders, director at G2 Risk Solutions, said in a statement. “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 added that while commercial filings jumped from October to November, they are up only slightly for the entire year when compared against 2024.
