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Bankruptcy Filings Up 20 Percent in June

August 17, 2010

Contact: Karen Redmond, 202-502-2600

Bankruptcy filings rose 20 percent in the 12-month period ending June 30, 2010, according to statistics released today by the Administrative Office of the U.S. Courts. A total of 1,572,597 bankruptcy cases were filed in federal courts in that period, compared to 1,306,315 bankruptcy cases filed in the 12-month period ending June 30, 2009. This is the highest number of bankruptcy filings for any period since many of the provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 took effect.

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Bankruptcy Filings per Capita by County and County Equivalent 12 Months Ended 6/30/2010

Bankruptcy Filings per Capita (download pdf)

Business and Non-Business Filings
Years Ended June 30, 2006-2010
Year Total Non-Business Business
2010 1,572,597 1,512,989 59,608
2009 1,306,315 1,251,294 55,021
2008 967,831 934,009 33,822
2007 751,056 727,167 23,889
2006 1,484,570 1,453,008 31,562
Total Bankruptcy Filings
by Bankruptcy Chapter
Years Ending June 30, 2006-2010
Chapter
Year 7 11 12 13
2010 1,133,320 14,272 660 424,242
2009 907,603 13,951 422 384,187
2008 615,748 7,293 314 344,421
2007 450,332 5,586 386 294,693
2006 1,164,815 6,224 360 313,085

Additional statistics released today include business and non-business filings for the 12-month period ending June 30, 2010 (Table F-2, 12-month); a comparison of June 2009 and 2010 filings (Table F), 3rd quarter filings (Table F-2, 3-month); monthly filings for the 12-month period ending June 30, 2010 (Table F-2, Monthly); and filings per capita.

Business and Non-Business Filings

Non-business filings for the 12-month period ending June 30, 2010 totaled 1,512,989, up 21 percent compared to the 1,251,294 non-business filings for June 30, 2009. Business filings totaled 59,608, up 8 percent from the 55,021filings reported in June 30, 2009.

Filings by Chapter, 12-month Period Ending June 30

In the 12-month period ending June 30, 2010 increased filings were seen in all bankruptcy chapters.

  • Chapter 7 filings totaled 1,133,320 up 25 percent from the 907,603 Chapter 7 filings in the 12-month period ending June 30, 2009.
  • Chapter 13 filings totaled 424,242, up 10 percent from the 384,187 filings in the same time period in June 2009.
  • Chapter 11 filings totaled 14,272, up 2 percent from the 13,951 filings during the 12-month period ending June 30, 2009. 
  • Chapter 12 filings rose 56  percent to 660 from the 422 Chapter 12 bankruptcies filed as of June 30, 2009.

The Judiciary's Third Quarter Filings

Third quarter filings, the 3-month period ended June 30, 2010, totaled 422,061. Filings for the June quarter are the highest of any quarter in fiscal year 2010 (October 1, 2009 –  September 30, 2010) and the highest for any April-June quarter since the 2005 third quarter filings. For fiscal year 2010, filings for the first quarter (October 1, 2009 –  December 31, 2009) totaled 372,203 and second quarter filings (January 1, 2010 – March 31, 2010) totaled 388,148.

For more on bankruptcy and its chapters, visit the Judiciary's website or go to www.fjc.gov/federal/courts.nsf. Local bankruptcy court rules and historic data on bankruptcy filings are also available. Additional bankruptcy statistics, including bankruptcies by county, can be found on the Judiciary's PACER system.

Quarterly Filings*
PERIOD FILINGS   PERIOD FILINGS   PERIOD FILINGS
JUN. 30, 2010 422,061   DEC. 31, 2004 371,668   JUN. 30, 1999 345,956
MAR. 31, 2010 388,148   SEPT. 30, 2004 396,438   MAR. 31, 1999 330,784
DEC. 31, 2009 372,203   JUN. 30, 2004 421,110   DEC. 31, 1998 353,108
SEPT. 30, 2009 388,485   MAR. 31, 2004 407,572   SEPT. 30, 1998 361,205
JUN. 30, 2009 381,073   DEC. 31, 2003 393,348   JUN. 30, 1998 373,460
MAR. 31, 2009 330,394   SEPT. 30, 2003 412,989   MAR. 31, 1998 354,118
DEC. 31, 2008 301,253   JUN. 30, 2003 440,257   DEC. 31, 1997 347,685
SEPT. 30, 2008 292,218   MAR. 31, 2003 412,968   SEPT. 30, 1997 353,515
JUN. 30, 2008 276,428   DEC. 31, 2002 395,129   JUN. 30, 1997 367,168
MAR. 31, 2008 245,695   SEPT. 30, 2002 401,306   MAR. 31, 1997 335,073
DEC. 31, 2007 226,413   JUN. 30, 2002 400,686   DEC. 31, 1996 311,131
SEPT. 30, 2007 218,909   MAR. 31, 2002 379,012   SEPT. 30, 1996 303,309
JUN. 30, 2007 210,449   DEC. 31, 2001 364,921   JUN. 30, 1996 297,162
MAR. 31, 2007 193,641   SEPT. 30, 2001 359,518   MAR. 31, 1996 266,149
DEC. 31, 2006 177,599   JUN. 30, 2001 400,394   DEC. 31, 1995 244,494
SEPT. 30, 2006 171,146   MAR. 31, 2001 366,841   SEPT. 30, 1995 233,593
JUN. 30, 2006 155,833   DEC. 31, 2000 310,169   JUN. 30, 1995 235,302
MAR. 31, 2006 116,771   SEPT. 30, 2000 308,718   MAR. 31, 1995 212,626
DEC. 31, 2005 667,431   JUN. 30, 2000 321,729      
SEPT. 30, 2005 542,002   MAR. 31, 2000 312,335      
JUN. 30, 2005 467,333   DEC. 31, 1999 318,634      
MAR. 31, 2005 401,149   SEPT. 30, 1999 323,550      

* Because of ongoing corrections to the bankruptcy database, the quarterly data may not total to the most recent annual figures. In addition, beginning with the quarter ending June 30, 2009, the Administrative Office implemented a new system for reporting bankruptcy data from the courts. The new system counts intradistrict transfers differently, which may lead to small revisions in filings counts in previous quarters.