Total U.S. bankruptcy filings decreased 13 percent in February from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 65,002 in February 2015, down from the February 2014 total of 72,267. Consumer filings declined 10 percent in February 2015 to 62,740 from the February 2014 consumer filing total of 69,403. In addition, total commercial filings in February 2015 decreased to 2,262, representing a 21 percent decline from the 2,864 business filings recorded in February 2014. Total commercial chapter 11 filings were down 25 percent as February 2015’s commercial chapter 11 filings decreased to 363 from February 2014’s 484 filings.
