April showers bring…bankruptcies? The number of commercial chapter 11 bankruptcy filings this April (644) increased 42% from the 454 filed in April 2025, according to a recent release from Epiq AACER, which provides bankruptcy filing data. Overall commercial filings climbed 21% to 3,060 this April, compared with 2,520 filings in the same month last year. Small businesses didn’t fare much better: Chapter 11 filings containing subchapter V elections, a simpler and less costly option for restructuring debts, jumped to 301 from 206 in April 2025. Legislation currently in Congress, the “Bankruptcy Threshold Adjustment Act of 2026,” would permanently increase the small business reorganization eligibility cap on debt to $7.5 million from its current $3.02 million. Keep reading.—NP |