After more than a decade of decline, business bankruptcy filings are back on the rise. In the year ending September 30, 2025, business filings increased by 5.6 percent — from 22,762 in 2024 to 24,039 ...

Companies facing financial distress use a variety of strategies to avoid bankruptcy. They often focus on cutting costs, restructuring debt, and improving cash flow to stabilize their operations.

Getting the timing right can mean the difference between a successful bankruptcy and one that leaves debts behind.