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April Bankruptcy Filings Decrease 12 Percent from Previous Year, Commercial Chapter 11s Decrease 41 Percent

Submitted by Anonymous (not verified) on

Total bankruptcy filings in the United States decreased 12 percent in April 2015 over April of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 77,884 in April 2015, down from the April 2014 total of 88,163. Consumer filings declined 11 percent to 75,272 from the April 2015 consumer filing total of 84,762. Total commercial filings in April 2015 decreased to 2,612, representing a 23 percent decline from the 3,401 business filings recorded in April 2014. Total commercial chapter 11 filings dipped 41 percent to 405 filings in April 2015 from the 689 commercial chapter 11 filings registered in April 2014.

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