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Bankruptcy Filings Continue a Downward Trend

Tuesday, April 23, 2019

Statistics released by the Administrative Office of the U.S. Courts show that nationally, bankruptcy filings fell by 0.9 percent for the 12-month period ending March 31, 2019, compared with the year ending March 31, 2018. The March 2019 annual bankruptcy filings totaled 772,646, compared with 779,828 cases in the previous year. Locally, for the same period, there were 3,469 filings compared to 3,602 the prior year, resulting in a 3.7 percent decrease.