Total bankruptcy filings in the U.S. for November 2014 decreased 16 percent compared to the previous year, according to data provided by Epiq Systems, Inc. November bankruptcy filings totaled 62,403, down from the 74,070 filings registered in November 2013. Total commercial filings for November 2014 were 2,248, representing a 27 percent decrease from the 3,085 filings reported during the same period in 2013. Commercial chapter 11 filings totaled 296 in November, a 39 percent decrease from the 487 filed in November 2013. The 60,155 total noncommercial filings for November represented a 15 percent drop from the November 2013 noncommercial filing total of 70,985.
