New Hampshire Bankruptcy Law News - New Hampshire Sees Surge in Bankruptcy Filings in 2026

On May 10, 2026, New Hampshire experienced a significant increase in bankruptcy filings, with a record number of individuals and businesses seeking financial protection due to the economic challenges brought on by the ongoing pandemic.According to data released by the New Hampshire Bankruptcy Court, there were a total of 367 bankruptcy filings in the state on May 10 alone, marking a 25% increase compared to the same day last year. This surge in bankruptcy cases has raised concerns about the financial stability of individuals and businesses in the state.Experts attribute the rise in bankruptcy filings to the lingering effects of the COVID-19 pandemic, including job losses, wage cuts, and business closures. Many individuals and businesses have been struggling to make ends meet as they face mounting debt and financial difficulties.The types of bankruptcy filings varied, with Chapter 7 filings being the most common among individuals seeking to liquidate their assets to pay off debts. Meanwhile, businesses predominantly filed for Chapter 11 bankruptcy, a reorganization plan that allows them to restructure their debt and continue operating.Bankruptcy attorneys in New Hampshire have reported a surge in inquiries from individuals and businesses seeking advice on how to navigate the bankruptcy process. They have emphasized the importance of seeking professional guidance to ensure a smooth and successful bankruptcy filing.As the state continues to grapple with the economic fallout from the pandemic, experts anticipate that bankruptcy filings in New Hampshire may continue to rise in the coming months. They urge individuals and businesses facing financial difficulties to seek assistance and explore all available options to address their debt and financial challenges.

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