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Total Bankruptcy Filings Down 12 Percent in Calendar Year 2014 Commercial Filings Down 22 Percent

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Total bankruptcy filings totaled 910,090 nationwide for calendar year 2014 (Jan. 1-Dec. 31), a 12 percent decrease from the 1,032,572 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 875,635 total noncommercial filings during calendar year 2014 represented an 11 percent drop from the noncommercial filing total of 988,489 during calendar year 2013. Total commercial filings during calendar year 2014 (Jan. 1-Dec. 31) were 34,455, a 22 percent drop from the 44,083 filings during the same period in 2013.