Bankruptcy cases filed in federal courts for Fiscal Year 2012, the 12-month period ending Sept. 30, totaled 1,261,140, down 14 percent from the 1,467,221 bankruptcy cases filed in FY 2011, according to statistics released Nov. 7 by the Administrative Office of the U.S. Courts.
Non-business bankruptcy filings totaled 1,219,132, which is down 14 percent from the 1,417,326 non-business bankruptcy filings in September 2011.
According to the AOUSC statistics, the total number of bankruptcy filings in the fourth quarter broken down by chapter are as follows:
By Diane Davis
Full text of the AOUSC's news release with the bankruptcy filing data is available at: http://news.uscourts.gov/bankruptcy-filings-down-fiscal-year-2012.
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