Bankruptcy Filings declined 11% in Fiscal 2015, Lowest Filings since 2007

From the US Court: Fiscal Year Bankruptcy Filings Continue Fall Bankruptcy cases filed in federal courts for the fiscal year 2015-the 12-month period ending September 30, 2015-totaled 860,182, down 11 percent from the 963,739 bankruptcy filings in FY 2014, according to statistics released today by the Administrative Office of the U.S. Courts. This is the lowest number of bankruptcy filings for any 12-month period since 2007, and the fifth consecutive fiscal year filings have fallen. The number of filings for the fiscal year ending Sept 2015 were the lowest since 2007, and business filings......(read more)

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