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Bankruptcies


Summary: Number of bankruptcies by type (i.e., chapter of the bankruptcy code) and the rate per 1,000 population

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This database reports the number of bankruptcies by type (i.e., chapter of the bankruptcy code) and the rate per 1,000 population. Data for each time period reflect total filings by county and state of residence for twelve-month periods ending quarterly. For example, the number of bankruptcies in the third quarter of 1998 reflects the total number of filings from Oct. 1, 1997-Sep. 30, 1998.  Data capture revisions for two years prior to the publication date, e.g., the 2nd quarter 2021 data capture revisions released by the Administrative Office of the U.S. Courts from the 3rd quarter of 1999 through the 2nd quarter 2021.  

 

U.S. filings include those by persons who reside outside the home state or outside the U.S.  In any quarter, a small number of Chapter 9 (generally about 20) and Chapter 15 filings (generally about 60-80) are not attributed to any specific court or county.  

 

The source for population data used to calculate per capita rates is RAND State Statistics, based on U.S. Census data.  Per capita rates from 1996-1999 are based on 2000 population data.  Per capita rates for the last one-year are based on prior year population data.  Per capita rates are not available for U.S. territories.  

Geographic Coverage: U.S., States, Counties

Periodicity: Quarterly

Series Begins/Ends: 1996 - 2023

Source (APA): RAND State Statistics. (2024, January 13). Bankruptcies. https://randstatestats.org/us/stats/bankruptcies.html
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Derived From: Administrative Office of the U.S. Courts

Updated:  Jan. 13, 2024 Estimated next update: Apr. 13, 2024

Please enter a state or county.    CSV contains all FIPS codes.    All

Please enter a category.    <ul style=list-style-type:disc;>
<li>Chapter 7, the most common type, provides liquidation of an individual’s property and then distributes it to creditors.</li>
<li>
Chapter 11 is available to individuals and businesses. The debtor remains in control of business operations.</li>
<li>
Chapter 12 is designed for “family farmers” and “family fisherman” that are under financial distress. </li>
<li>
Chapter 13 permits an individual that has regular income is allowed to develop a plan to pay back parts, or all, of their debts. </li>
<li>Note: the category Business filings for other chapters is available starting in the third quarter of 2018.</li>
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