Commercial bankruptcy cases decreased in 2012

The number of companies filing for Chapter 11 bankruptcy relief fell by 36% from one year ago last month.  In January 2012, the number of Chapter 11 case filed was almost 750; however, last month that number was closer to 480.  The number of bankruptcies filed has been dropping as the economy continues to recover.  This trend is likely to continue as debtors continue to decrease their debt and the interest rates remain low.
For the complete story you can read, “U.S. commercial Chapter 11 bankruptcies fall 36 pct in January.