The Polsinelli|TrBk Distress Indices

In the first quarter of 2025, there was a slight decrease in the number of bankruptcy filings as shown by all three indices, though the indices remain high compared to recent history.

Polsinelli|TrBK Indices

In the latest Polsinelli-TrBK Distress Indices Report:

  • The Chapter 11 Distress Research Index was 82.06 for the first quarter of 2025. The Chapter 11 Index decreased over 3 points since the last quarter. Compared with the same period one year ago, the Index has decreased over 2 points and compared with the benchmark period of the fourth quarter of 2010, it is down nearly 18 points.
  • The Real Estate Distress Research Index was 52.31 for the first quarter of 2025. The Real Estate Index decreased over 3 points since the last quarter. Compared with the same period one year ago, the Index is over 4 points higher and compared with the benchmark period of the fourth quarter of 2010, it is down over 47 points.
  • The Health Care Services Distress Research Index was 1,271.67 for the first quarter of 2025. The Health Care Index decreased over 66 points since the last quarter. Compared with the same period one year ago, the Index has increased over 358 points and compared with the benchmark period of the fourth quarter of 2010, it is up over 1,171 points. This is the second highest the Health Care Index has registered since the Indices started tracking the data 13 years ago.

Polsinelli|TrBK Distress Indices released the 1st Quarter 2025 Report on April 28, 2025. The indices use filtered Chapter 11 filings as a proxy for distress in the overall U.S. economy and certain sub-sectors.