The American Bankruptcy Institute compiles a list of bankruptcy filings per month, per state. I was reading their pages today (because that’s the kind of exciting life bankruptcy attorneys lead), and according to their statistics, bankruptcies in Utah are down 12% from this time last year. Here is the link to the ABI’s statistics: http://www.abi.org/newsroom/bankruptcy-statistics.
According to their chart, we have a 22% drop in overall filings, nationwide.
I can’t give you the overall national reasons for this, or official Utah statistics. From my anecdotal experience, everyone I’ve spoken to has seen a decrease in income over the past few years and either can’t afford to file (I know) or are waiting just a little longer to see if things turn around enough so that they won’t have to file.