Happy, Happy, Joy Joy! Bankruptcy stats for the fiscal year are out! This is better than x-mas and thanksgiving all rolled into one holiday!

BANKRUPTCIES ARE BACK DOWN TO PRE-RECESSION  NUMBERS!

Bankruptcy cases filed in federal courts for the fiscal year 2014—the 12-month period ending September 30, 2014—totaled 963,739, down 13 percent from the 1.1 million bankruptcy filings in FY 2013, according to statistics released today by the Administrative Office of the U.S. Courts. This is the lowest number of bankruptcy filings for any 12-month period since 2007.

Additional statistics released 10-28-2014 include:

• Business and non-business bankruptcy filings for the 12-month period ending September 30, 2014 (Table F-2, 12-month);
• A comparison of September 2013 and 2014 filings (Table F);
• 4th quarter filings (Table F-2, 3-month); filings for July, August, and September 2014, (Table F-2, Monthly), and
• Bankruptcy filings by county (Report F-5A).

There is just a little taste below, but for more sexy stats and tantalizing tables go here:

 Fiscal Year Bankruptcy Filings Lowest in Seven Years | United States Courts.