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Bankruptcy Filings Continue to Decline

Thursday, January 25, 2018

According to statistics released by the Administrative Office of the United States Courts, national bankruptcy case filings fell 0.7% for the 12-month period ending December 31, 2017, compared to the previous year. This is the smallest one-year decline in national bankruptcy case filings since 2010. In the Eastern District of Washington, bankruptcy case filings fell by 6.5% for the 12-month period ending December 31, 2017. Since 2010, the annual decline in local bankruptcy case filings has ranged from 13.5% to 5.5%, with the smallest one-year decline occurring between 2015 and 2016.