More Americans are filing for bankruptcy, according to recent reporting that tracks personal bankruptcy filings in the United States. NPR says the bankruptcy rate rises by about 48% from 2022 to 2025, though it remains below pre-pandemic levels. The increase is substantial in absolute terms as well: more than half a million personal bankruptcies are filed in the most recent year cited, which is a major jump compared with three years earlier.
The coverage frames the trend as an indicator of financial stress for households. While the rate increase is large, the reporting emphasizes that the current level is still not as high as it was before the pandemic. Taken together, the sources describe a pattern of rising insolvency filings over the past several years, with the pace of change accelerating since 2022, and with the majority of the discussion centered on personal (consumer) bankruptcies rather than business filings.
