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

January 2014 Bankruptcy Statistics

Published February 17, 2014 by Sasser Law Firm

January 2014 bankruptcy filings totaled 68,153 in the United States. According to the American Bankruptcy Institute, this is a 13% decrease from the 78,602 bankruptcy filings in January 2013. In comparison to last month, January 2014 filings increased 3% from the 66,502 filings in December 2013. ABI Executive Director, Samuel J. Gerdano, was quoted saying, “High costs to file and sustained low interests rates continue to steer consumers and businesses away from the fresh financial start of bankruptcy. The year-over-year filing totals have now declined for 38 consecutive months.”

In our district, the Eastern District of North Carolina, there were 591 bankruptcy petitions filed in January 2014. Of the 591 petitions filed, there were 167 Chapter 7 filings, 13 Chapter 11 filings and 411 Chapter 13 filings. In comparison to the 653 bankruptcy filings in the Eastern District of North Carolina in January 2013, January 2014 filings showed a decrease of approximately 10%.

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