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Bankruptcy Searches Surge as Economic Confidence Plummets

12/11/2025

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Story summary
  • Google searches for "bankruptcy lawyer" in the United States hit an all-time high in 2025.
  • Federal Reserve survey shows probability of missing minimum debt payments rose from 12.6% in September to 13.7% in November.
  • Approval of U.S. President Donald Trump’s handling of the economy fell to 31%, the lowest in his tenure.
  • Economist Claudia Sahm says only 20% of families feel better off, while job availability and wage growth declined.