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Bankruptcy Filings Down in Calendar Year 2014

Tuesday, February 10, 2015

In calendar year 2014, there was a 12.6 percent drop in cases filed across the country. During the 12-month period ending December 31, 2014, 936,795 cases were filed, down from the 1,071,932 cases filed in calendar year 2013. In the Eastern District of Washington, there was a 9.7 percent drop in cases filed. During the 12-month period ending December 31, 2014, 4,566 cases were filed, down from 5,057 filed in calendar year 2013. From 2013 to 2014, Chapter 7 cases decreased 9 percent, Chapter 13 cases decreased 11.6 percent, and Chapter 11 cases decreased 44 percent.