Illustration of a bankruptcy attorney helping a small business owner restructure

Practice area

Data coverage · Q3 goal

A countercyclical
practice with
a cyclical playbook.

Bankruptcy filings surge when everything else slows down. The firms that own the next cycle are the ones investing now, while volume is low. We're building the dataset that tells you where filings are trending and who's already positioning.

$4B

US bankruptcy legal services

15,000+

Bankruptcy attorneys

500K/yr

Consumer filings (baseline)

90 districts

US bankruptcy courts

The market

Consumer volume.
Business reputation.
Cyclical everything.

Consumer bankruptcy (Ch 7 and 13) is a volume business: high-intent PPC, debt-relief content, free consultations, and installment fee structures. Business bankruptcy (Ch 11 and subchapter V) is a reputation business: turnaround networks, banker relationships, and the kind of trust that gets a phone call at the worst moment of a company's life.

Filing volume moves with credit-card delinquencies, unemployment, and student-loan-relief cycles. The firms that build marketing infrastructure during the quiet years dominate the loud ones.

What makes it different

Buyer cycleMonths of research

Consumer filers research for 6-18 months before filing. They comparison shop. They read reviews. Presence during that window is the whole game.

Consumer vs. businessDifferent businesses

Ch 7/13 is volume + debt-relief branding. Ch 11 is workout networks + senior-banker trust. Same bar card, nothing else in common.

Cyclicality3x swing

Filing volumes swing 2-3x across cycles. 2005 pre-BAPCPA peak, 2010 recession peak, 2020-2021 trough. Countercyclical planning is table stakes, most firms don't do it.

Fee structure leverage$0 down converts

Consumer filers can't pay upfront. The firms with the best $0-down structures, clear installment plans, and trust-based intake convert disproportionately.

Where the money goes

$350M a year,
front-loaded
before the next cycle.

Consumer bankruptcy is PPC + SEO + content, tight paid economics built around researched-by-users, delayed-conversion intent. Business bankruptcy is speaking circuits, banker relationships, and ABI / TMA networks.

2026 Bankruptcy channel mix · industry estimate

Google PPC + LSAHigh-intent consumer
34%
SEO + debt-relief contentMonths-long research cycle
24%
Credit counselor + CPA referralsRequired pre-filing network
14%
Meta + remarketingLong consideration nurture
10%
Radio + talkDebt-relief messaging
8%
TMA / ABI / banker networksBusiness bankruptcy
6%
TV + OOHHigh-volume regional
4%

Sources: US Courts · ABI · Firmatics industry estimates. Firm-level coverage shipping 2027.

Business bankruptcy firm

$250K–1.5M

Ch 11 and subchapter V practice. TMA / ABI / turnaround banker relationships, speaking circuit, thought leadership. Spend is mostly relationship infrastructure.

Volume consumer firm

$200K–2M

1,000+ Ch 7/13 filings per year. Ruthless PPC economics, dedicated SEO content engine, call-center intake, $0-down fee structures.

Solo / small firm

$10K–75K

Most bankruptcy firms. Local PPC, credit-counselor relationships, prior-client referrals. Volume is the lever; marketing sophistication is modest.

What bankruptcy firms face

The problems specific
to bankruptcy.

?

You don't know where the next cycle starts.

Filing volume swings 2-3x across cycles. Most firms cut marketing when volume's low and chase it when volume's high, the opposite of what works. No one has district-level leading-indicator data.

?

Consumer filers research for a year.

Your PPC click today converts 8 months from now, if at all. Attribution is a nightmare. Most firms can't tell which marketing dollars are actually working because the gap between spend and filing is enormous.

?

Debt-relief companies are eating your top-of-funnel.

National debt-settlement and credit-counseling companies outspend local bankruptcy firms 50:1 on high-intent keywords. They convert filers into settlement programs first. You get the ones they couldn't fix.

?

Ch 7 vs. Ch 13 vs. Ch 11 needs three websites.

Consumer filers in financial distress respond to completely different messaging than small-business owners facing liquidation or turnaround. Most firms run one site for all three and convert none of them well.

?

Your fee structure is your marketing.

Consumer filers can't pay $1,500 upfront. $0-down structures convert dramatically better. Most firms haven't systematized, pricing ends up as whatever the consultation attorney decides, which bleeds conversion at intake.

?

Business bankruptcy is invisible without a banker.

Ch 11 and subchapter V work comes from workout bankers, TMA members, special-situation lenders, and CRO professionals. If you're not in those rooms with named relationships, you're not getting the call.

Data layer · Bankruptcy

The dataset
we're building.

FIRM PROFILES

2027

15,000+ bankruptcy firms

Every bankruptcy-active firm profiled with practice mix (Ch 7, 13, 11, subchapter V), filing-volume data, fee-structure detail, and Marketing Firm Score.

PACER INTEL

2027

District-level filing data

Public PACER filing records resolved to firm, who filed what chapters, in what districts, at what volume, with trailing-twelve trend.

CYCLE INDICATORS

2027

Filing-volume leading indicators

Credit-card delinquency, unemployment, eviction, and student-loan-relief data cross-referenced against filing trajectories by district.

PPC INTEL

2027

Debt-relief keyword landscape

PPC spend and ad-copy intel by firm and by national debt-relief competitor. See who's actually converting on what terms.

REFERRAL GRAPH

2027

Counselor + banker network

Credit counselor advisorys, CPA relationships, TMA / ABI membership, workout-banker co-appearances. The full referral ecology for consumer + business.

VENDOR INDEX

2027

Bankruptcy-firm vendor directory

Case management software, PACER integrations, means-test tools, debt-relief CRM, consumer-bankruptcy LSA agencies. Verified pricing and reviews.

The last cycle made me. The firms who invested in 2007 owned 2010. I've been waiting fifteen years for the next one and nobody will tell me when it's coming, so I'm flying blind on my biggest capital decision.
Managing Partner · Consumer bankruptcy firm · Midwest

In practice

How bankruptcy firms
will use it.

Time your countercyclical spend

See district-level filing trajectory and leading indicators. Invest 12 months ahead of the next volume spike.

Audit your PACER position

Know exactly how many filings you did vs. competitors in your district, by chapter, across the last three years.

Split consumer from business

Build separate marketing motions and sites for Ch 7/13 vs. Ch 11/subchapter V, with benchmarks for both.

Defend against debt-relief

See exactly what national debt-settlement and credit-counseling companies spend on your keywords, and where the defensible positioning is.

Systematize fee structure

Benchmark $0-down and installment structures against top-converting competitors. Turn intake pricing into a system.

Map counselor + CPA network

See which credit counselors and CPAs refer into which competitors, and the gaps in your own pre-filing referral pipeline.

Break into Ch 11

See what TMA / ABI / banker-network investments top Ch 11 firms make. Know what the real entry cost to business bankruptcy looks like.

Recruit filing talent

The directory filters by PACER filing volume, chapter mix, and district experience, not just LinkedIn keywords.

Evaluate acquisition targets

Bankruptcy firms trade on PACER volume, counselor relationships, and fee infrastructure. See the real book before bidding.

FAQ

Common questions about bankruptcy.

Do you cover business bankruptcy as well as consumer?
Yes. Firm profiles split mix across Ch 7, Ch 13, Ch 11, and subchapter V. Benchmarks, advisors, and reports split by focus because the referral networks, spend patterns, and reputation stacks are fundamentally different.
Where do your filing-volume trajectories come from?
Public PACER data, US Courts statistics, and third-party cycle indicators (credit-card delinquency, unemployment, eviction volume, student-loan repayment trends). Resolved to firm at district and chapter grain.
When does data coverage ship?
Firm profiles, PACER data, cycle indicators, PPC intel, and referral graph all ship through 2027. State of Bankruptcy report publishes alongside.
What is a Marketing Firm Score?
A marketing visibility score, not a grade of the firm overall. 59 marketing metrics across Findability, Infrastructure, Reputation, and Market Activation, calibrated for bankruptcy dynamics (long research cycles, debt-relief competition, cycle-timing sophistication).

Early access

Be first when it ships.

Bankruptcy coverage ships 2027. Early-access firms shape roadmap, get the dataset before public release, and receive a pre-publication State of Bankruptcy report.