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NEWS RELEASE

Bankruptcy Filings Up 34 Percent over Last Fiscal Year

Contact: Karen Redmond, 202-502-2600   Print


November 25, 2009 — Bankruptcy cases filed in federal courts for fiscal year 2009 totaled 1,402,816, up 34.5 percent over the 1,042,993 filings reported for the 12-month period ending September 30, 2008, according to statistics released today by the Administrative Office of the U.S. Courts.

The federal Judiciarys fiscal year is the 12-month period ending September 30. The bankruptcies reported today are for October 1, 2008 through September 30, 2009.

Additional statistics released today include business and non-business filings for the 12-month period ending September 30, 2009 (Table F-2, 12-month); a comparison of September 2008 and 2009 filings (Table F), 3rd quarter filings (Table F-2, 3-month); monthly filings for the 12-month period ending September 30, 2009 (Table F-2, Monthly); and filings per capita.

Related Items

Per Capita Filings 2009 (pdf) (excel)

Table F-2 (filing by month) (pdf) (excel)

Table F (12-month period) (pdf) (excel)

Table F-2 (12-month period) (pdf) (excel)

Table F-2 (3-month period) (pdf) (excel)

Business and Non-Business Filings Years Ended September 30, 2005-2009
FY Business Non-Business TOTAL
2009 58,721 1,344,095 1,402,816
2008 38,651 1,004,342 1,042,993
2007 25,925 775,344 801,269
2006 27,333 1,085,209 1,112,542
2005 34,222 1,748,421 1,782,643
Bankruptcy Filings by Chapter of the Bankruptcy Code 12-Month Periods Ending September 30, 2005-2009
Chapter
Year 7 11 12 13
2009 989,227 14,745 487 398,210
2008 679,982 8,799 332 353,828
2007 484,162 5,888 361 310,802
2006 833,147 6,003 376 272,937
2005 1,346,201 6,637 364 429,316

Business and Non-Business Filings

For the 12-month period ending September 30, 2009, business filings totaled 58,721, up 52 percent from the 38,651 business filings in the 12-month period ending September 30, 2008. Non-business filings totaled 1,344,095, up 34 percent from the 1,004,342 non-business bankruptcy filings in September 2008.

Filings Under All Chapters

In FY 2009, filings rose for all bankruptcy Chapters:

  • Chapter 7 filings in FY 2009 totaled 989,227, up 45 percent from the 679,982 Chapter 7 filings in FY 2008.
  • Chapter 11 filings rose 68 percent, increasing from 8,799 in FY 2008 to 14,745 in FY 2009.
  • Chapter 13 filings rose 13 percent, from 353,828 in FY 2008 to 398,210 in FY 2009.
  • Chapter 12 is designed to meet the needs of financially distressed family farmers. In FY 2009, Chapter 12 filings totaled 487, up 47 percent from the 332 Chapter 12 filings in FY 2008.

Fourth Quarter Filings

Monthly Filings
July–September, 2008 and 2009
Month Filings 2008 Filings 2009
July 98,202 133,187
August 96,056 127,391
September 98,033 127,907

The 3-month period ending September 30, 2009, was the Judiciarys final quarter of fiscal year 2009. Bankruptcy filings in the fourth quarter totaled 388,485, up 33 percent from the 292,291 bankruptcy cases filed in the final quarter of FY 2008. For a breakdown of filings by all chapters for the quarter, see Table F-2, 3-month period.

Quarterly Filings*
PERIOD FILINGS    PERIOD FILINGS    PERIOD FILINGS
SEPT. 30, 2009 388,485            
JUN. 30, 2009 381,073            
MAR. 31, 2009 330,477   JUN. 30, 2004 421,110   SEPT. 30, 1999 323,550
DEC. 31, 2008 301,317   MAR. 31, 2004 407,572   JUN. 30, 1999 345,956
SEPT. 30, 2008 292,291   DEC. 31, 2003 393,348   MAR. 31, 1999 330,784
JUN. 30, 2008 276,510   SEPT. 30, 2003 412,989   DEC. 31, 1998 353,108
MAR. 31, 2008 245,695   JUN. 30, 2003 440,257   SEPT. 30, 1998 361,205
DEC. 31, 2007 226,413   MAR. 31, 2003 412,968   JUN. 30, 1998 373,460
SEPT. 30, 2007 218,909   DEC. 31, 2002 395,129   MAR. 31, 1998 354,118
JUN. 30, 2007 210,449   SEPT. 30, 2002 401,306   DEC. 31, 1997 347,685
MAR. 31, 2007 193,641   JUN. 30, 2002 400,686   SEPT. 30, 1997 353,515
DEC. 31, 2006 177,599   MAR. 31, 2002 379,012   JUN. 30, 1997 367,168
SEPT. 30, 2006 171,146   DEC. 31, 2001 364,921   MAR. 31, 1997 335,073
JUN. 30, 2006 155,833   SEPT. 30, 2001 359,518   DEC. 31, 1996 311,131
MAR. 31, 2006 116,771   JUN. 30, 2001 400,394   SEPT. 30, 1996 303,309
DEC. 31, 2005 667,431   MAR. 31, 2001 366,841   JUN. 30, 1996 297,162
SEPT. 30, 2005 542,002   DEC. 31, 2000 310,169   MAR. 31, 1996 266,149
JUN. 30, 2005 467,333   SEPT. 30, 2000 308,718   DEC. 31, 1995 244,494
MAR. 31, 2005 401,149   JUN. 30, 2000 321,729   SEPT. 30, 1995 233,593
DEC. 31, 2004 371,668   MAR. 31, 2000 312,335   JUN. 30, 1995 235,302
SEPT. 30, 2004 396,438   DEC. 31, 1999 318,634   MAR. 31, 1995 212,626

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 can be found at www.uscourts.gov/rules/bk-localrules.html. Historic data on bankruptcy filings is available on the Judiciary's website under Bankruptcy Statistics. Additional bankruptcy statistics, including bankruptcies by county, can be found on the Judiciary's PACER system.
*Because of ongoing corrections to the bankruptcy database, the quarterly data may not total to the most recent annual figures.



 

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