Bankruptcy Filings Down Nationally

Wednesday, May 7, 2014

According to a recent press release from the Administrative Office of the U.S. Courts, national bankruptcy filings for the 12-month period ending March 31, 2014, fell 11% when compared to bankruptcy filings for the 12-month period ending March 31, 2013 (1,038,280 vs. 1,170,324 bankruptcy cases filed, respectively).
By comparison, bankruptcy filings in the Middle District of Alabama were only slightly down.  Specifically, bankruptcy filings in the Middle District of Alabama were down by less than 1% during the same period.  7,873 cases were filed in the Middle District of Alabama for the 12-month period ending March 31, 2014 compared to 7,935 cases being filed for the 12-month period ending March, 2013.