Bloomberg Law
April 30, 2018, 2:14 PM UTC

Consumer Bankruptcy Filings Continue Decline But Ch. 11s on Rise

Diane Davis
Bloomberg Industry Group

Bankruptcy filings fell 1.8 percent for the 12-month period ending March 31, compared with the same period ending in 2017, the latest figures from the Administrative Office of the U.S. Courts said April 26.

The datacontinues a national trend of declining bankruptcy filings since 2011, according to the AOUSC.

Annual bankruptcy filings totaled 779,828, compared with 794,492 cases in the previous year, the AOUSC said.

Rise in Chapter 11 Filings

“Although consumer filings continue to drop, that is likely more related to the strong job market than anything else,” Bruce A. Markell, a bankruptcy professor at Northwestern Pritzker School ...

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