Total bankruptcy filings in the United States increased 19% in February over last month, having totaled 104,418 from the 87,981 filings in January. Filings per day rose 27% to 3,601 from 2,838 in January. The 99,288 total noncommercial filings in February 2012 represented a 20 percent increase over the January 2012 total of 83,014. The total commercial filings of 5,130 for February 2012 increased 3 percent over the 4,967 filings in January 2012.
When compared to a year earlier, however, the Epiq data showed that the total February 2012 filings decreased 5 percent from the February 2011 total of 109,565. The total commercial filings for February 2012 fell 16 percent from the 6,076 commercial filings recorded in February 2011. Total noncommercial filings registered a 4 percent decrease from the 103,489 filings in February 2011.
