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NEWS & UPDATES

Mortgage Bankers Association / MBA Now / MBA’s Adam DeSanctis Chats with Brad Cloud, CEO of National Bankruptcy Services, LLC

In this episode, MBA’s Adam DeSanctis chats with Brad Cloud, CEO of National Bankruptcy Services, about the company's operations and use of technology to be the largest secured bankruptcy servicer in the industry. https://www.youtube.com/watch?v=WS27P5Se9Qg Jim O'Reilly Executive Vice President National Bankruptcy Services, LLC 14841 Dallas Parkway, Suite 300 Dallas, TX 75254 Direct Line: 214-860-6973 jim.oreilly@nationalbankruptcy.com

Industry Monthly Bankruptcy Report - July 2026 / National Bankruptcy Services, LLC

Attached you will find industry bankruptcy filing statistics listed by jurisdiction and bankruptcy chapter for July 2026. Also attached is a presentation showing the filings by month and by year from 2014 to 2026, growth in filings per court day and bankruptcy filings per region. In addition, we have also provided a Market Trends report comparing the historical correlation between new bankruptcy filings to unemployment rates by chapter type, and chapter, state, and court ra

Industry Monthly Bankruptcy Report - June 2026 / National Bankruptcy Services, LLC

Attached you will find industry bankruptcy filing statistics listed by jurisdiction and bankruptcy chapter for June 2026. Also attached is a presentation showing the filings by month and by year from 2014 to 2026, growth in filings per court day and bankruptcy filings per region. In addition, we have also provided a Market Trends report comparing the historical correlation between new bankruptcy filings to unemployment rates by chapter type, and chapter, state, and court ra

Industry Monthly Bankruptcy Report - December 2025 / National Bankruptcy Services, LLC

Attached you will find industry bankruptcy filing statistics listed by jurisdiction and bankruptcy chapter for December 2025. Total bankruptcy filings were 45,935 in December 2025, a twenty percent increase from the December 2024 total of 38,163. The consumer bankruptcy filing total of 43,387 climbed twenty-one percent over the 35,789 consumer filings in December 2024. Consumer Chapter 7 filings were 27,150 in December 2025, up twenty-four percent from the 21,911 Chapter 7

Amendments to Bankruptcy Rules 3002.1 and 8006 (Effective December 1, 2025)

December 1 st is typically the effective date for any new federal rule updates, which includes bankruptcy. There are only two rules changing (Rules 3002.1 and 8006), but those changes will have a big impact in bankruptcy. Below is a summary of the rule updates: Rule 3002.1 : Chapter 13—Claim Secured by a Security Interest in the Debtor’s Principal Residence Today this rule covers post-petition notices and specifically Payment Change Notices (PCNs), Post-Petition Fee

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