* New filings fall to 632,130 in first-half of 2012
* Business filings fall 22 pct
* Consumer filings drop 13 pct
July 5 (Reuters) - The number of U.S. businesses and consumers filing for bankruptcy fell 14 percent in the first half of 2012 and could end the year at the lowest level since before the 2008 financial crisis, according to data released on Thursday.
New bankruptcy filings fell to 632,130 in the first six months of the year compared to the same period last year, according to Epiq Systems Inc, which manages documents and claims for companies in bankruptcy.
The number of businesses filing for bankruptcy dropped 22 percent to 30,946 and the number of consumers seeking court protection from creditors fell 13 percent to 601,184.
"We are on pace for perhaps the lowest total new bankruptcies since before the financial crisis in 2008," said Samuel Gerdano, executive director of the American Bankruptcy Institute, which jointly released the report with Epiq.
Gerdano attributed the decline to low interest rates, which have been kept at rock-bottom levels since the financial crisis by the U.S. Federal Reserve.
Despite the drop in filings, there have been several large bankruptcies this year, including photography icon Eastman Kodak Co, textbook publisher Houghton Mifflin Harcourt Publishers Inc, and Hostess Brands Inc, the maker of Wonder Bread and Twinkies.
Check out the five states with the most bankruptcy filings according to the American Bankruptcy Institute.
Per capita bankruptcy-filing rate: 5.88
Per capita bankruptcy-filing rate: 6.12
Per capita bankruptcy-filing rate: 6.49
Per capita bankruptcy-filing rate: 6.99
Per capita bankruptcy-filing rate: 7.06