The first graph shows the year-over-year changes in bankruptcy case filings since January 2008:
In general, bankruptcy filings are about where they were during 2004, although they are up significantly since 2006 following the implementation of the 2005 Bankruptcy Act (discussed here).
The second graph shows the the twelve-month moving average in bankruptcy filings. As of January 2013, the moving average was down 13.8 percent from January 2012, and average is at the lowest level reported since July 2009 when the average was 2,100.
As consumer adopt less debt than they were doing prior to 2008, foreclosures have declined, but debt continues to be an issue. For example, recent data shows that consumers are using 401k's to pay bills and US consumer debt began to rise again during the fourth quarter of 2012.