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Salt Lake City Utah Bankruptcy Cases Filed

The United States Bankruptcy Court, District of Utah has updated its Bankruptcy Filing Statistics for 2012.  The bankruptcy court provides a 12-month trend with year over year reporting.  For September, the report shows trends across the entire state, beyond our South Jordan, Layton, and Salt Lake City office locations.  The report reveals the filing data: Chapter 7 bankruptcy law filings at 866, Chapter 13 bankruptcy law filings at 388, and Chapter 11 bankruptcy law filings at 1.   See below.

Chapter Jan. Feb. March April May June
7 676 815 1,217 1,098 1,080 993
13 423 460 544 415 479 419
11 4 4 6 8 3 3
12 0 0 0 0 0 0
(2012) 1,103 1,279 1,767 1,521 1,562 1,415
(2011) 1,163 1,348 2,128 1,822 1,730 1,736
Chapter July Aug. Sept. Oct. Nov. Dec.
7 905 970 866
13 425 467 388
11 7 4 1
12 0 0 0
(2012) 1,337 1,441 1,255
(2011) 1,439 1,676 1,510

The filing statistics reveal that every month this year, the numbers of cases filed through the United States Bankruptcy Court, District of Utah, have consistently been lower than Year 2011.  The question at hand is whether the economy is improving, based on the decreased number of bankruptcy cases filed in Year 2012 as compared to Year 2011; or whether the cases will return to last year’s levels once the election in November occurs.  For more information, visit us at our law offices in South Jordan, Layton, and Salt Lake City.  Call for free bankruptcy case evaluation at (801) 495-4104.  We have South Jordan bankruptcy lawyers, Salt Lake City bankruptcy attorneys, and Layton, Utah bankruptcy lawyers who can provide you the legal help you need.

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