Consultations are available over video, in person and also over the phone the same day.
Skip to content

April 2014 Bankruptcy Statistics

Published May 21, 2014 by Sasser Law Firm

April 2014 bankruptcy filings totaled 87,954 in the United States. According to the American Bankruptcy Institute, this is a 13% decrease from the 100,770 bankruptcy filings in April 2013. In comparison to last month, April 2014 filings decreased approximately 4% from the 91,253 filings in March 2014. ABI Executive Director, Samuel J. Gerdano, was quoted saying, “Sustained low interest rates for business borrowers, sluggish consumer spending and the high costs associated with filing for bankruptcy have kept the filing rates below normal.”

In our district, the Eastern District of North Carolina, there were 648 bankruptcy petitions filed in April 2014, bringing the year to date filing total to 2,458. Of the 648 petitions filed, there were 205 Chapter 7 filings, 8 Chapter 11 filings and 435 Chapter 13 filings. In comparison to the 762 bankruptcy filings in the Eastern District of North Carolina in April 2013, April 2014 filings showed a decrease of approximately 15%.

Associations & Awards

  • Business North Carolina 2022 badge
  • Attorney at Law Magazine, Local Authority Award
  • 2019 Business North Carolina Legal Elite Badge
  • super lawyers logo
  • expertise logo
  • North Carolina Bar Association | Sasser Law Firm
  • Martindale-Hubbell award for high professional achievement at Sasser Law Firm
  • NC Bar Association Legal Specialization | Sasser Law Firm
  • Top Bankruptcy Attorney | Sasser Law Firm
  • American Bankruptcy Institute | Sasser Law Firm
  • National Association of Consumer Bankruptcy Attorneys | Sasser Law Firm
  • American Board of Certification | Sasser Law Firm
Free Consultation (919) 319-7400

Visit our cary office today

Cary, NC Office