Bankruptcy Filings Fall 0.7% - Smallest 12- Month Decline Since 2010

Originally Published on January 24, 2018 www.uscourts.gov

Bankruptcy filings in the 12-month period ending December 31,2017, fell just 0.7 percent, compared with bankruptcy cases filed in calendar year 2016. According to newly released data, 789,020 cases were filed in 2017, compared with 794,960 in the previous year.

The percentage decline is the smallest for a 12-month period since bankruptcy filings reached a peak in 201 O.The number of bankruptcy filings is the lowest for any calendar year since 2006, and the seventh consecutive calendar year that filings have fallen.