New Bankruptcy Filings Fell 2.2 Percent

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New Bankruptcy Filings Fell 2.2 Percent
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• According to a report published on
  www.uscourts.gov website on October 31, 2018,
  Bankruptcies fell by 2.2 percent for the 12-month
  period ending September 30, 2018, compared with
  the year ending September 30, 2017, continuing a
  series of slight annual declines in new cases.

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• The September 2018 annual bankruptcy filings
  totaled 773,375, compared with 790,830 cases in
  the previous year, according to statistics
  released by the Administrative Office of the U.S.
  Courts. The number of bankruptcy cases filed was
  the lowest for any 12-month period since the year
  ending June 2007.

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• A national wave of bankruptcies that began in
  2008 reached a peak in the year ending September
  2010, when nearly 1.6 million bankruptcies were
  filed.

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• Business and Non-Business Filings,
• Year Business Non-Business Total
• 2018 22,103 751,272 773,375
• 2017 23,109 767,721 790,830
• 2016 24,457 781,123 805,580
• 2015 24,985 835,197 860,182
• 2014 28,319 935,420 963,739

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• Total Bankruptcy Filings By Chapter
• Year Chapter
• 7 11 12 13
• 2018 477,248 7,014 468 288,550
• 2017 486,542 7,052 508 296,599
• 2016 498,367 7,450 458 299,150
• 2015 550,036 7,040 383 302,642
• 2014 642,366 7,658 372 313,262

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• If know more details visit Tony Turner Bankruptcy
  Lawyer at Jacksonville bankruptcy law firm.