Bankruptcy Rates Keep Dropping As Interest Rates Stay Low

Law360, New York (April 3, 2014, 3:07 PM EDT) -- Low interest rates and continued deleveraging kept bankruptcy rates trending downward in the first quarter of 2014, with overall filings dropping 12 percent and commercial filings down 22 percent from the first quarter of 2013, according to a Thursday report.

There was a total of 231,647 bankruptcy filings in the first quarter of 2014, which ended March 31, down from 263,635 in 2013, according to data compiled by Epiq Systems Inc. and released by the American Bankruptcy Institute.

Just 9,048 business filings were entered in the first three months of the year, down 11,611 from the year before, the report says....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!