Fitch Ratings issued a new report yesterday saying that bankruptcy filings in 2012 will decrease nearly four to five percent over the total filings of 2011, Reuters reported yesterday. The first three months of 2012 are helping to support that projection, with bankruptcies tracking roughly 8-10 percent below last year, according to Fitch. The effect of decreased bankruptcy filings on credit card ABS collateral has remained very positive, according to the report. Notably, credit card delinquencies and charge-offs fell dramatically last year. Overall losses fell below 6 percent in 4Q 2011, 35 percent better than 4Q 2010.