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NEWS RELEASE
June 2007 Filings Drop When Compared to 2006
But Slow Upward Crawl Seen in Filings

Contact:

Karen Redmond, 202-502-2600
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August 16, 2007 — Bankruptcy filings in the federal courts continued a slow upward creep. In the 12-month period ending June 30, 2007, there were 751,056 bankruptcy cases filed, according to statistics released today by the Administrative Office of the U.S. Courts. This total is a 49.4 percent drop when compared to filings for the 12-month period ending June 30, 2006 when cases totaled 1,484,570. But June's 12-month total is greater than the 12-month totals for March 2007 (695,575 cases) and December 2006 (617,660).

Related Items

Table F-2 (Filing by Month) (xls)
Table F (12-Month Period) (xls)
Table F-2 (12-Month Period) (xls)
Table F-2 (3-Month Period) (xls)
Per Capita Filings (xls)

Bankruptcy filings were strongly impacted by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. The June 2006 filing totals included the surge of filings that occurred in October 2005 when many of the bill's provisions were implemented. June 2007 totals reflect bankruptcy filings post-BAPCPA.

Additional statistics released today include business and non-business filings for the 12-month period ending June 30, 2007 (Table F-2, 12-month); a comparison of June 2006 and 2007 filings (Table F), 3rd quarter filings (Table F-2, 3-month); monthly filings for the 12-month period ending June 30, 2007 (Table F-2, Monthly); and filings per capita.

Business and Non-Business Filings Years Ended June 30, 2003-2007
Year	Total	Non-Business	Business
2007	751,056	727,167	23,889
2006	1,484,570	1,453,008	31,562
2005	1,637,254	1,604,848	32,406
2004	1,635,725	1,599,986	35,739
2003	1,650,279	1,613,097	37,182

Business and Non-Business Filings

Non-business filings for the 12-month period ending June 30, 2007 totaled 727,167, down 50 percent from the 1,453,008 non-business filings for June 30, 2006. Business filings totaled 23,889, down 24 percent from the 31,562 reported in June 30, 2006.

Filings by Chapter, 12-month Period
Ending June 30

Of the total number of bankruptcy filings in the 12-month period ending June 30, 2007, there were 450,332 Chapter 7 filings, down 61 percent from the 1,164,815 Chapter 7 filings in June 2006. Chapter 13 filings, the next largest group of filings, totaled 294,693, down 6 percent from the 313,085 Chapter 13 filings reported for the 12-month period ending June 30, 2006. Chapter 11 filings also fell in this 12-month period, dropping to 5,586 or 10 percent from the 6,224 Chapter 11 filings of June 30, 2006. Only Chapter 12 filings increased. Chapter 12 bankruptcy filings totaled 386, up 7 percent from the 360 Chapter 12 bankruptcies filed as of June 30, 2006.

Total Bankruptcy Filings by Bankruptcy Chapter Years Ending June 30, 2003-2007
Chapter
Year	7	11	12	13
2007	450,332	5,586	386	294,693
2006	1,164,815	6,224	360	313,085
2005	1,196,212	6,703	290	433,945
2004	1,167,101	11,048	302	457,171
2003	1,165,993	10,602	775	472,811

The Judiciary's Third Quarter Filings

Third quarter filings, the 3-month period ended June 30, 2007, totaled 210,449, up 35 percent from the 155,833 cases filed in the Judiciary's fiscal year 2006 third quarter. So far, filings for the June quarter are the highest of any quarter in fiscal year 2007 (October 1, 2006 - September 30, 2007). First quarter filings totaled 177,599 and second quarter filings totaled 193,641.

For more on bankruptcy and its chapters, visit the Judiciary's web site 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, 2007	210,449	MAR. 31, 2003	412,968	MAR. 31, 1999	330,784
MAR. 31, 2007	193,641	DEC. 31, 2002	395,129	DEC. 31, 1998	353,108
DEC. 31, 2006	177,599	SEPT. 30, 2002	401,306	SEPT. 30, 1998	361,205
SEPT. 30, 2006	171,146	JUN. 30, 2002	400,686	JUN. 30, 1998	373,460
JUN. 30, 2006	155,833	MAR. 31, 2002	379,012	MAR. 31, 1998	354,118
MAR. 31, 2006	116,771	DEC. 31, 2001	364,921	DEC. 31, 1997	347,685
DEC. 31, 2005	667,431	SEPT. 30, 2001	359,518	SEPT. 30, 1997	353,515
SEPT. 30, 2005	542,002	JUN. 30, 2001	400,394	JUN. 30, 1997	367,168
JUN. 30, 2005	467,333	MAR. 31, 2001	366,841	MAR. 31, 1997	335,073
MAR.31, 2005	401,149	DEC. 31, 2000	310,169	DEC. 31, 1996	311,131
DEC. 31, 2004	371,668	SEPT. 30, 2000	308,718	SEPT. 30, 1996	303,309
SEPT. 30, 2004	396,438	JUN. 30, 2000	321,729	JUN. 30, 1996	297,162
JUN. 30, 2004	421,110	MAR. 31, 2000	312,335	MAR. 31, 1996	266,149
MAR. 31, 2004	407,572	DEC. 31, 1999	318,634	DEC. 31, 1995	244,494
DEC. 31, 2003	393,348	SEPT. 30, 1999	323,550	SEPT. 30, 1995	233,593
SEPT. 30, 2003	412,989	JUN. 30, 1999	345,956	JUN. 30, 1995	235,302
JUN. 30, 2003	440,257

* Because of ongoing corrections to the bankruptcy database, the quarterly data may not total to the most recent annual figures.

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