Bankruptcy Filings Decrease Again in 2015
The federal bankruptcy courts publish detailed statistics on bankruptcy filings. California has four federal judicial districts, with Fresno located in the Eastern District.
The 2011-2015 bankruptcy filings for the Eastern District of California continue to show a substantial decline, as shown in this table:
|E.D. Cal. total filings||Chapter 7 cases||Chapter 11 cases||Chapter 12 cases||Chapter 13 cases|
|Decrease from 2014||26%||29%||25%||22%||16%|
Truly, the overall decline from 2011 to 2015 is astonishing, and suggests that our economy is improving.