According to the American Bankruptcy Institute, citing data from Epiq Systems, total U.S. bankruptcy filings fell nearly 4% in April 2017 from the same period in 2016.

Bankruptcy filings totaled 67,670 in April, down 3.96% from the 70,457 filings reported in April 2016. The 64,323 total noncommercial filings recorded in April 2017 represented a 3.93% decrease from the April 2016 total of 66,957.

Total commercial filings for April 2017 were 3,303, representing a 5.14% decrease from the 3,482 filings during the same period in 2016. Total commercial Chapter 11 filings showed the largest change, as the 556 filings in April 2017 represented an 18.24% drop from the 680 filings reported in April 2016.

“Bankruptcy filings continue to show volatility month to month and year over year, reflecting household financial pressures,” said ABI Executive Director Samuel J. Gerdano.

For the month of April 2017, the 67,670 total filings represented a 17.08% drop from the 81,610 filings recorded in March 2017. April 2017’s 64,323 total noncommercial filings represented a 17.42% decrease from the 77,890 noncommercial filings recorded in March 2017. Total commercial filings also fell, with April 2017’s 3,303 total commercial filings representing a 9.7% decrease from the March 2017 total of 3,658. Of those commercial filings, Chapter 11 filings increased by 18.8%, from 468 filings in March 2017 to 556 filings in April 2017.