Business Bankruptcies Surge Nationwide | Fort Wayne News

Fort Wayne News Today | 2 Min News | The Daily News Now! · Aug 3, 2026 · 1m

Business bankruptcies nationwide surged nearly 12% last year, following a 15% spike the year before, with over 25,000 filings in the 12 months ending March 31, 2026. This marks a troubling acceleration in corporate distress, driven by rising borrowing costs, stubborn inflation, and reduced consumer spending—especially hard on businesses already on thin margins. Delaware leads in bankruptcy rate (though filings dropped 62% there), while Texas tops in sheer volume due to its massive business base. Louisiana and New Jersey saw the steepest year-over-year jumps. Most filings fall under Chapter 7…