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New Bankruptcy Filings Fell 2.2 Percent

According to a report published on the website on October 31, 2018, Bankruptcies fell by 2.2 percent for the 12-month period ending September 30, 2018, compared with the year ending September 30, 2017, continuing a series of slight annual declines in new cases.

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New Bankruptcy Filings Fell 2.2 Percent

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  1. New Bankruptcy Filings Fell 2.2 Percent

  2. According to a report published on www.uscourts.gov website on October 31, 2018, Bankruptcies fell by 2.2 percent for the 12-month period ending September 30, 2018, compared with the year ending September 30, 2017, continuing a series of slight annual declines in new cases.

  3. The September 2018 annual bankruptcy filings totaled 773,375, compared with 790,830 cases in the previous year, according to statistics released by the Administrative Office of the U.S. Courts. The number of bankruptcy cases filed was the lowest for any 12-month period since the year ending June 2007.

  4. 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.

  5. Business and Non-Business Filings, Year Business Non-Business Total 2018 22,103 751,272 773,375 2017 23,109 767,721 790,830 2016 24,457 781,123 805,580 2015 24,985 835,197 860,182 2014 28,319 935,420 963,739

  6. Total Bankruptcy Filings By Chapter Year Chapter 7 11 12 13 2018 477,248 7,014 468 288,550 2017 486,542 7,052 508 296,599 2016 498,367 7,450 458 299,150 2015 550,036 7,040 383 302,642 2014 642,366 7,658 372 313,262

  7. If know more details visit Tony Turner Bankruptcy Lawyer at Jacksonville bankruptcy law firm.

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