NEW YORK, USA – 22nd April 2026 – Insolvency World, a new guidance platform for business owners and directors facing financial distress, has officially launched to provide straightforward, jargon-free clarity at a time when business bankruptcies are rising sharply.
Business bankruptcy filings rose 7.1% in the year ending December 31, 2025, continuing a trend that has seen filings climb consistently for three consecutive years. Commercial Chapter 11 filings surged 67% in February 2026 alone compared to the same month the previous year. Yet despite this surge, the independent, plain-English guidance that distressed business owners need most remains in short supply.
Insolvency World has been built to fill that gap. The platform provides practical, experience-led content for business owners, directors and financial decision-makers facing commercial distress. It covers early warning signs, escalating creditor pressure, formal insolvency routes, director risk and personal exposure, turnaround options and rebuilding after insolvency – all explained without the fear-based messaging that dominates much of the sector.
The need is urgent. According to the Federal Reserve’s 2024 Small Business Credit Survey, more than half of small businesses cited paying operating expenses or managing uneven cash flows as significant financial challenges. Meanwhile, nearly half of small business owners with low financial literacy report losing at least $10,000 in profits as a result – with 13% believing they have missed out on $500,000 or more. When businesses tip into distress, that knowledge gap becomes critical.
Matt Haycox, founder of Insolvency World, said:
“We are not insolvency practitioners and we do not present ourselves as one. What we are is a team of experienced business people who have lived through financial distress ourselves. Too many directors enter serious financial situations without fully understanding their options, the risks involved or the competing interests shaping the advice they receive. Insolvency World exists to change that.”
Unlike practitioner firms with a financial interest in the outcome, Insolvency World takes no fees and recommends no specific providers. Its sole focus is helping readers understand their situation clearly, ask better questions and take smarter next steps – before panic or misinformation forces a bad decision.
Haycox added:
“Financial distress is not just about the numbers. It hits your confidence, your reputation and your sense of identity all at once. Our job is to make sure business owners feel less overwhelmed, less in the dark and genuinely better equipped to take control of what happens next.”
With business filings at their highest levels in nearly a decade and independent guidance still hard to find, Insolvency World enters the market as a more direct, grounded voice for owners and directors facing some of the toughest decisions of their working lives.
About Insolvency World
Insolvency World provides practical, experience-led guidance for business owners and directors facing financial difficulty. It is not an insolvency practitioner firm and does not provide formal insolvency advice. Its purpose is to help readers understand their situation, their options and their next steps with greater clarity and confidence. Visit insolvency.world.
Media Contact
Issie Hannah
Dominate Online
issie@dominate.online
Sources
- Business bankruptcy filing figures: Administrative Office of the U.S. Courts, February 2026
- Chapter 11 commercial filing data: American Bankruptcy Institute / Epiq Bankruptcy Analytics, February 2026
- Small business financial challenges data: Federal Reserve 2024 Small Business Credit Survey, published March 2025
- Financial literacy and profit loss figures: QuickBooks Small Business Financial Literacy Research, 2025