Tag Archives: Epiq Systems

After two consecutive monthly spikes early in the year, bankruptcy filings are headed back down.

What were some of the trends at both the national and state levels happening with bankruptcy filings in April?

For the second consecutive month, bankruptcy filings nationwide increased substantially.

Steep year-over-year declines have become the norm for bankruptcy filings as more time passes since the financial crisis. That was not the case in February 2016, however.

How did bankruptcy filings in January 2016 stack up with Januarys of years past?

Bankruptcy filings experienced a rare year-over-year climb in November, but it was not sustained in December, according to AACER.

Prior to November, the monthly total of filings had declined over-the-year in every month of 2015 and every November since 2011.

October’s total of 70,211 new bankruptcies in 21 filing days was slightly ahead of September’s total of 67,138 in the same number of filing days. The average number of bankruptcy filings in October totaled 3,343 compared to 3,197 in September.

Bankruptcy filings nationwide totaled 62,358 for the month of September, the second-lowest total for any month this year, according to September 2015 AACER bankruptcy data reported by Epiq Systems.

Bankruptcy filings nationwide totaled 67,712 over 21 filing days for the month of August, the third-lowest monthly total in 2015 and a decline of more than 7,000 from August 2014, according to August 2015 AACER bankruptcy data reported by Epiq Systems. Filings were lower in August 2015 by 7,522 from the previous August. The total of 67,712 for the month was third-lowest this year behind January (59,087) and February (65,054).