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 filingsChapter 7 casesChapter 11 casesChapter 12 casesChapter 13 cases
201517,68113,98382143,601
201424,03019,634109184,269
201332,63525,930187306,487
201242,85033,761201378,846
201153,88842,9572343810,659
Decrease from 201426%29%25%22%16%

Truly, the overall decline from 2011 to 2015 is astonishing, and suggests that our economy is improving.

Randy Krbechek posted at 2015-11-5 Category: Developments, Economics

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