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Bankruptcy filings drop in Indiana

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Bankruptcy filings in the U.S. Bankruptcy Courts, Northern and Southern Districts of Indiana, fell for the 12-month period ending March 31 as compared to the same time in 2013, according to the United States Courts.

Figures released Thursday show overall filings dropped 4.5 percent in the Northern District of Indiana’s Bankruptcy Court. There were 13,855 filings during the 12-month period ending March 31, 2013; by the end of March 2014, there were 13,232 filings. Filings were down 8.6 percent in the Bankruptcy Court in the Southern District of Indiana, with 21,332 for the period ending in March 2013 as compared to 19,504 for the period ending March 2014.

Across the country, bankruptcy filings were down 11 percent during the same time period.
 

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