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7 BANKRUPTCIES DOWN OVER 20% YOY Epiq, an Atlanta- based provider of intelligence to the legal services industry, has released its April 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 10% last month representing 32,508 filings of all types, down from the 36,059 seen in March, but up from the 26,985 seen in February and 26,149 seen in January. "New bankruptcy filing volumes continue to decline as the country emerges from the global pandemic," says Chris Kruse, SVP of Epiq Bankruptcy Technology. "e seasonality we see in March each year also occurred in 2022, and the April decline was expected." e 32,508 filings seen in April represent a 21% decrease year over year when compared to the 40,931 total filings recorded at that time. In addition, noncommercial bankruptcy filings totaled 30,747 in April 2022, also registering a 21% decrease from the April 2021 noncommercial total of 38,826. Commercial filings decreased 16% in April 2022, as the 1,761 filings were down from the 2,105 commercial filings registered in April 2021. ere were 249 commercial Chapter 11 filings registered in April 2022, a decline of 15% from the 290 filings in April 2021. Small business filings, captured as subchapter V elections within Chapter 11, decreased 26% to 83 in April 2022 from 112 in April 2021. Total noncommercial filings for April also represented a 10% decrease from the March 2022 noncommercial filing total of 34,234. e commercial filing total represented a 4% decrease from the March 2022 commercial filing total of 1,825. Commercial Chapter 11 filings decreased 15% from the 292 filings in March 2022. Subchapter V elections within Chapter 11 declined 40% from the 138 filed in March 2022. "Legislation that passed recently in the Senate and is currently being considered in the House would expand the debt-eligibility limits for small businesses and individuals looking to reorganize their finances," said ABI Executive Director Amy Quackenboss. "ABI appreciates the work by Congress to create greater access and a more efficient process for small businesses and families to achieve a financial fresh start." Journal Compiled by the DS News Staff TA K E A L O O K I N S I D E T H E N U M B E R S DATA BITS LendingTree, "Most Popular Metros for Gen Z Homebuyers" I N S I D E T H E J O U R N A L | I N F O S T R E A M | T H E D I G I TA L E D G E | M O V E R S & S H A K E R S According to new data from ATTOM, there were a total of 30,674 properties with foreclosure filings against them in the beginning of Q2, down 8% from March, and up 160% from 2021. Black Knight reports that the national delinquency rate fell to 2.80% in April, down four basis points in March from 2.84%, hitting a new record low for the second consecutive month. 1. SAN FRANCISCO, CALIFORNIA 2. NEW YORK, NEW YORK 3. SAN JOSE, CALIFORNIA 4. LOS ANGELES, CALIFORNIA 5. BOSTON, MASSACHUSETTS 6. MIAMI, FLORIDA 7. WASHINGTON, D.C. 8. SAN DIEGO, CALIFORNIA 9. SEATTLE WASHINGTON 10. SACRAMENTO, CALIFORNIA TOP 10 LEAST POPULAR METROS FOR GEN Z BUYERS 1. SALT LAKE CITY, UTAH 2. LOUISVILLE, KENTUCKY 3. OKLAHOMA CITY, OKLAHOMA 4. CINCINNATI, OHIO 5. INDIANAPOLIS, INDIANA 6. PHOENIX, ARIZONA 7. MINNEAPOLIS, MINNESOTA 8. BIRMINGHAM, ALABAMA 9. ST. LOUIS, MISSOURI 10. VIRGINIA BEACH, VIRGINIA TOP 10 MOST POPULAR METROS FOR GEN Z BUYERS CITY RANK CITY RANK "New bankruptcy filing volumes continue to decline as the country emerges from the global pandemic." —Chris Kruse, SVP, Epiq Bankruptcy Technology Head of Talent Solutions, SitusAMC Page 24 The Exchange WITH Holly Mickens