The first graph shows foreclosures for each month compared to the same month in previous years:
The graph shows that bankruptcies peak in March and decline through the rest of the year.
There were a total of 21,131 bankruptcies in 2013 compared to 26,099 during 2012. The second graph shows annual totals going back to 1999:
Bankruptcies have been declining, year over year, for the past 35 months. They were down 21.5 percent from December 2012 to December 2013. The final graph shows YOY drops:
Overall bankruptcy activity continues to fall as employment remains relatively stable and interest rates remain low.