By Brian Honea
In May 2015, there were 69,286 total bankruptcy filings, down from May 2014’s total of 85,711. May 2015’s total also represented a month-over-month decline from April’s total of 77,884, although there were two fewer filing days in May (20) than there were in April (22). Had filings continued at their May rate of 3,464 filings per day for two more days, May’s total of filings would have been less than 2,000 fewer than April’s.
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