Skip to content

RESOURCE CENTER

894x476 (26)

Bankruptcy Filings Pick Up Steam and Climb by 13.32 Percent

Total filings climbed by 13.32 percent in January 2025 compared to the previous January. With 41,501 new bankruptcy petitions filed to start the new year, the monthly percentage was the largest since October 2024.

Read More →

894x476 (39)-1

December Bankruptcies Rose 6.26 Percent, 2024 Total Filings Up 14.28 percent

Total bankruptcy filings rose sharply in December compared to the number of filings in the same month in the previous year. Chapter 7 liquidations and chapter 11 (mainly) business reorganization cases clocked double-digit increases, while chapter 13 consumer repayment cases maintained a slower rate of increase.

Read More →

894x476 (9)-1

Bankruptcy Filings Increase by 6.26 Percent in November

The number of debtors who filed bankruptcy in November 2024 increased compared to last November, but at a moderate pace of 6.26 percent. In total, 40,276 consumer and commercial debtors sought bankruptcy relief last month.

Read More →

EXECUTIVE BRIEFING

EXECUTIVE BRIEFING:
Reducing Servicing Costs, Improving Data Security, and Mitigating Operational Risk

Leaders from some of the nation’s top financial services organizations gathered at AIS’s Dallas headquarters for an exclusive roundtable discussion. The event brought together servicing operations executives from auto finance companies, mortgage servicers, and commercial banks.

Read More →

Navigating New Norms

WHITE PAPER:
Navigating New Norms
Outsourcing as a Catalyst for
Mortgage Service Excellence

As the mortgage sector navigates through complex market dynamics, the primary objectives for many organizations remain the same: master cost efficiency, ensure the delivery of high-quality service, and effectively scale operations.

Read More →

894x476 (60)

CASE STUDY: Tailoring and Scaling Specialized Support to Meet the Dynamic Needs of a Mortgage Servicer

AIS partnered with a Top 5 mortgage servicer to help enhance service quality performance, increase operational efficiencies, and reduce departmental expenses.

Read More →

894x476 (18)

PRESS RELEASE: AIS Expands Commercial Banking Expertise with Hiring of Steve Kennedy

HOUSTON, Texas (February 3, 2025) – AIS, a professional services and technology firm specializing in quality back-office talent and automation, is excited to introduce Steve Kennedy as its new Managing Director of Commercial Banking.

Read More →

AIS Strengthens Enterprise Risk Management Program with Hiring of Saurabh Jhingan

AIS Strengthens Enterprise Risk Management Program with Hiring of Saurabh Jhingan

AIS, a professional services and technology firm providing quality back-office talent and automation, is pleased to announce the hiring of Saurabh Jhingan as its new Vice President of Enterprise Risk Management.

Read More →

Supreme Court Rules Against Sackler Family in Purdue Pharma Case

Supreme Court Rules Against Sackler Family in Purdue Pharma Case

In a 5 to 4 ruling, the U.S. Supreme Court today overturned a settlement in the Purdue Pharma bankruptcy case that would release members of the Sackler family from liability for their alleged role in the national opioid epidemic.

Read More →

Jan-2025

Bankruptcy Insight Report -
January 2025

According to AIS data, January filings rose 13.32% year-over-year, with Chapter 7 (+15.31%) and Chapter 11 (+30.72%) seeing sharp increases, while Chapter 13 (+10.12%) also climbed. Subchapter V filings declined (-2.42%) due to stricter eligibility limits.

Read More →

Data Integration_Data Delivery_1

Bankruptcy Insight Report - December 2024

According to data supplied by AIS, debtors filed more than 38,000 new petitions in December, ending the year with a total of 508,778 bankruptcy filings - 14.28% higher than 2023. That is the highest annual total in four years.

Read More →

894x476 (32)

Bankruptcy Insight Report - November 2024

According to data supplied by AIS, November bankruptcy filings totaled 40,276, a moderate 6.26% increase from the same period last year.

Read More →