Commercial chapter 11 bankruptcy filings increased 42% in April 2026 compared to the same month in 2025, according to new data released by Epiq AACER and the American Bankruptcy Institute. The report showed 644 commercial chapter 11 filings in April 2026, up from 454 filings recorded in April 2025.
The CPFB published in the Federal Register the revised Small Business Data Collection Rule, or “1071 Rule” (the “2026 Final Rule”), which it had proposed revising in November 2025. The 2026 Final Rule becomes effective June 30, 2026, although as discussed below, the compliance date is January 1, 2028.
A panel of the Seventh Circuit Court of Appeals heard argument in Steidinger v. Blackstone Medical Services on whether text messages are covered as “telephone calls” in the Telephone Consumer Protection Act (TCPA). While questions asked by judges during oral arguments are no guarantee of how the court will ultimately rule, Judge Thomas K. Kirsch II and Judge Doris L. Pryor appeared skeptical of the plaintiff’s position that Congress intended “telephone call” to include text messaging in 1991.
Managing many different partners through manual workflows is very complex. A single mistake in a file or a delay in an email chain can stall settlements across an entire portfolio. To move past this, the industry is shifting focus from isolated tools to a shared settlement infrastructure.
Imposter scams remain the most widespread form of fraud in the United States, holding the top spot for consumer complaints for the ninth consecutive year. New data released by the Federal Trade Commission highlights how scammers are evolving their tactics — and how the financial impact on consumers continues to grow at an alarming pace.
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