{"id":559,"date":"2026-04-14T11:20:53","date_gmt":"2026-04-14T15:20:53","guid":{"rendered":"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/?p=559"},"modified":"2026-04-14T11:20:53","modified_gmt":"2026-04-14T15:20:53","slug":"bankruptcies-are-exploding-across-the-economy","status":"publish","type":"post","link":"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/bankruptcies-are-exploding-across-the-economy\/","title":{"rendered":"Bankruptcies are exploding across the economy"},"content":{"rendered":"<p>Bankruptcies are exploding across the economy, hitting small businesses and households across the United States.\u00a0 The surge in bankruptcies highlights the growing <a href=\"https:\/\/www.businessinsider.com\/middle-class-shoppers-pull-back-warning-signs-economy-home-depot-2025-11\" target=\"_self\" rel=\"\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" data-analytics-post-depth=\"20\" data-mrf-link=\"https:\/\/www.businessinsider.com\/middle-class-shoppers-pull-back-warning-signs-economy-home-depot-2025-11\">financial pressures facing consumers and companies<\/a> as costs climb amid a tougher borrowing environment. Rising costs, tighter credit conditions, and ongoing geopolitical volatility continue to exert pressure on households and businesses already facing financial strain, The American Bankruptcy Institute, said earlier this month, and bankruptcies are exploding across the United States.\u00a0 Unlike past downturns, this <a href=\"https:\/\/www.businessinsider.com\/notable-retail-bankruptcy-cases-of-2025\" target=\"_self\" rel=\"\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" data-analytics-post-depth=\"20\" data-mrf-link=\"https:\/\/www.businessinsider.com\/notable-retail-bankruptcy-cases-of-2025\">wave of bankruptcies<\/a> appears to be hitting nearly every corner of the economy. It&#8217;s sweeping across a range of sectors in what bankruptcy attorneys described as a strikingly unusual pattern.\u00a0 Individual bankruptcy filings saw an 8% jump to 40,973 in November 2025, up from the 37,814 filings in November 2024, the data cited by ABI shows.\u00a0 For debt-burdened families and companies, bankruptcy remains a critical pathway to restore stability and rebuild toward a stronger financial future.\u00a0 If you have thought about filing bankruptcy or are considering filing bankruptcy you should contact a bankruptcy attorney for guidance and legal advice.\u00a0 Before your situation worsens and you start to lose hope and your relationships with family, friends and coworkers deteriorates get some sound legal advice.<\/p>\n<div class=\"image-modal component-loaded\" data-component-type=\"image-modal\" data-load-strategy=\"lazy\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bankruptcies are exploding across the economy, hitting small businesses and households across the United States.\u00a0 The surge in bankruptcies highlights the growing financial pressures facing consumers and companies as costs climb amid a tougher borrowing environment. Rising costs, tighter credit conditions, and ongoing geopolitical volatility continue to exert pressure on households and businesses already facing [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":560,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bankruptcies are exploding across the economy - Massachusetts Bankruptcy Lawyers<\/title>\n<meta name=\"description\" content=\"Bankruptcy exploding across the united states\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/bankruptcies-are-exploding-across-the-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bankruptcies are exploding across the economy - Massachusetts Bankruptcy Lawyers\" \/>\n<meta property=\"og:description\" content=\"Bankruptcy exploding across the united states\" \/>\n<meta property=\"og:url\" content=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/bankruptcies-are-exploding-across-the-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"Massachusetts Bankruptcy Lawyers\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/lawyerbankruptcy\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-14T15:20:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/massbklaw.com\/massachusetts-bankruptcy-lawyers\/wp-content\/uploads\/2026\/04\/rising-rates-toward-bankruptcy-families-3082781780.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"463\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Robert S. 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