The Number Of Personal Bankruptcies In Russia Increased By Almost 14%

• 21.05.2026, 21:12

Millennials made up the most notable share of debtors.

In the first quarter of 2026 Russian courts recognized 137.5 thousand citizens as bankrupt, which is 13.7% more compared to the same period last year. Such data was presented at the conference "Bankruptcy of individuals. New Realities" with reference to Fedresource. For all the time of existence of the personal bankruptcy mechanism more than 2.2 million people have gone through the procedure.

Millennials - almost half of all bankrupts - made up the most noticeable share among debtors. The share of Generation Z grew from 15% to 20% over the year, while the number of baby boomers among the citizens undergoing insolvency procedures decreased from 10% to 7%. Women still resort to bankruptcy more often than men.

At the same time, courts began to refuse to write off debts.