Wednesday , 13 January 2021

AACER: Bankruptcy Filings Continue Five-Year Downward Trend in January

By Brian Honea

Nationwide bankruptcy filings dropped by more than 13 percent year-over-year in January, continuing a five-year trend, according to AACER bankruptcy data reported by Epiq Systems. The total number of bankruptcies filed in the United States for January was 59,037, marking the fifth January in a row that bankruptcy filings declined year-over-year. January’s filing total represented a 13.5 percent decrease from January 2014, when 68,271 bankruptcies were filed, and a decline of 42.6 percent from their highest total for any January, which was 102,835 reached in January 2010.

The post AACER: Bankruptcy Filings Continue Five-Year Downward Trend in January appeared first on DSNews.

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