Consumer filings are up nearly 7% from June 2025, but commercial filings jumped 20%
New monthly bankruptcy data from G2 Risk Solutions (G2RS) shows total July 2025 consumer and commercial filings increased 7.25% from June 2025. Total consumer filings reached 48,275 in July. Commercial filings for July 2025 were 1,324.
G2RS provides bankruptcy management services to US lenders and creditors in the majority of cases filed.
As compared to a year ago, consumer filings in July 2025 grew 10.85% year-over-year (YoY). G2RS analysts note that severe delinquencies—accounts 90 or more days past due—are rising across consumer credit, auto, and mortgage lending categories, with the steepest increases in consumer credit and auto portfolios. Mortgage delinquencies are climbing at a more moderate pace.
Early-stage delinquencies (30–89 days past due) are also ticking upward in multiple portfolios, indicating a potential pipeline of accounts that could raise delinquency risks for lenders in the months ahead.
“Pressure on household finances is showing up in lenders’ loss metrics, with elevated net charge-off rates in unsecured consumer lending and auto finance, said Ryan Sanders, director, enterprise sales, at G2 Risk Solutions. “This increases expectations for continued stress in the back half of the year.”
Sanders noted that other economic indicators point to tightening consumer liquidity, such as increasing hardship withdrawals from retirement accounts, declining household savings balances, and slowing prepayment activity in auto and mortgage segments.
Commercial filings in July increased by 20.25% over June 2025, and 45.02% over July 2024. Though overall, commercial filings for 2025 year-to-date have decreased compared to 2024, they remain significantly higher than pre-pandemic levels. Since the end of pandemic relief programs in 2022, commercial filings have increased significantly each year, with YoY growth rates of 56.2% in 2023 and 35.1% in 2024.
“Last month’s commercial data is particularly striking,” said Sanders. “The sharp 20% month-over-month increase in commercial filings, particularly in the context of the 45% jump compared to a year ago, suggests that the economic environment is putting a strain on companies as well as consumers. Commercial lenders and creditors should remain vigilant and consider proactive risk management approaches.”