Total bankruptcy filings in the United States decreased 13 percent in April 2014 from April of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 87,954 in April 2014, down from the April 2013 total of 100,770. Consumer filings declined 12 percent to 84,579 from the April 2013 consumer filing total of 96,357. Total commercial filings in April 2014 decreased to 3,375, representing a 24 percent decline from the 4,413 business filings recorded in April 2013. Total commercial chapter 11 filings dipped 4 percent to 683 filings in April 2014 from the 711 commercial chapter 11 filings registered in April 2013. Click below to read the full ABI statistical press release.
http://news.abi.org/press-releases/april-bankruptcy-filings-decrease-13…
April Bankruptcy Filings Decrease 13 Percent from Previous Year Business Filings Decrease 24 Percent
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