A national wave of bankruptcies that began in 2008 reached a peak in the year ending September 2010, when nearly 1.6 million bankruptcies were filed. Additional statistics released today include: Business and non-business bankruptcy filings for the 12-month period ending March 31, 2018 (Table F-2, 12-month);
However, total bankruptcy filings fell 6 percent during the first nine months of 2016 (Jan. 1-September 30) from the same period a year ago as the 593,034 filings decreased from 629,754 in 2015.
The ensuing economic rebound made a huge dent in bankruptcy filings. Southern California’s 2018 first-quarter bankruptcies are off by 75 percent since 2011, the second-largest decline in the.
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 amended the U.S. Bankruptcy Code. It made it difficult to file for liquidation under Chapter 7 bankruptcy. As a result, more people filed for Chapter 13 bankruptcy which rescheduled payments.
Bankruptcy filings fall 6%. The number of filings in the first three months of 2011 dropped to 340,012, down from 363,215 filings recorded in the first quarter of 2010, according to data from the American Bankruptcy Institute and the National Bankruptcy Research Center. "Though bankruptcy filings are still elevated,
The 2012 calendar year bankruptcy statistics from Epiq Systems hit my in-box last night. They show that total U.S. bankruptcy filings declined in 2012 by 14.1 percent. specifically, there were just over 1,185,000 filings in 2012 as compared to 1,380,000 in 2011.
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Total U.S. consumer debt reached an all-time high in the third quarter at $4.372 trillion, up 3.8 percent from a year earlier (chart 9). 13 Excluding student loans, total consumer debt was $2.930 trillion, up 2.6 percent from a year earlier and also a historical high.
A national wave of bankruptcies that began in 2008 reached a peak in the year ending September 2010, when nearly 1.6 million bankruptcies were filed. The following bankruptcy statistics are available: Business and non-business bankruptcy filings for the 12-month period ending June 30, 2016. (Table F-2, Business and Nonbusiness Commenced by Chapter)
Total bankruptcy filings in the United States decreased 16 percent in the first calendar quarter (Jan. 1 – March 31) of 2013 from the same period in 2012, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 263,516 in the.
For the first quarter of 2010, new filings increased 10.7 percent over the same three-month period in 2009, court statistics show. Filings in the court’s Wilkes-Barre office, however, were up only.