About 55,160 people had a new foreclosure noted on their credit report in the second quarter of 2026, and about 136,800 had a new bankruptcy noted, according to the New York Fed. A year earlier the counts were 52,800 and 131,320.
Over the four quarters ending June 2026 the totals were about 227,220 new foreclosures and 526,280 new bankruptcies (our sum). Both are far below the peaks in the file: 566,180 foreclosures in Q2 2009 and 948,620 bankruptcies in Q4 2005.
People with a new foreclosure or bankruptcy, by quarter
| Quarter | New foreclosure (people) | New bankruptcy (people) |
|---|---|---|
| Q1 2003 | 203,320 | 612,260 |
| Q4 2005 | 166,720 | 948,620 |
| Q2 2009 | 566,180 | 524,080 |
| Q3 2009 | 488,580 | 517,560 |
| Q2 2010 | 483,760 | 621,420 |
| Q4 2019 | 71,420 | 201,820 |
| Q2 2024 | 47,180 | 136,180 |
| Q2 2025 | 52,800 | 131,320 |
| Q3 2025 | 54,760 | 141,640 |
| Q4 2025 | 58,140 | 123,820 |
| Q1 2026 | 59,160 | 124,020 |
| Q2 2026 | 55,160 | 136,800 |
The New York Fed reports these in thousands; we multiplied by 1,000 and rounded. The CSV keeps the thousands, for every quarter from Q1 2003.
What this counts
These are people, not cases or homes. The count is consumers in the New York Fed Consumer Credit Panel, scaled to the U.S., whose credit report shows a foreclosure or bankruptcy notation for the first time that quarter. A married couple filing one bankruptcy case can be two people here. Court records count cases instead; our bankruptcy filings by state page uses U.S. Courts filing counts, and the two will not match.
Source
New York Fed Quarterly Report on Household Debt and Credit, 2026 Q2 (released August 2026), from the New York Fed Consumer Credit Panel / Equifax, underlying data page 17. We pulled the workbook on October 12, 2026.
© 2026 Federal Reserve Bank of New York. Content from the New York Fed subject to the Terms of Use at newyorkfed.org.
The New York Fed does not endorse this page, My Credit Guide, or any use of these figures. We have not changed the source figures. Anything labelled as a rank, a change, or a comparison is our calculation.
Our table and sums are available under CC BY 4.0. Credit "My Credit Guide (mycreditguide.org)".
Steven Reynolds, "New Foreclosures and Bankruptcies on Credit Reports," My Credit Guide, October 12, 2026, https://mycreditguide.org/data/new-foreclosures-and-bankruptcies/.