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March 2016 Bankruptcy Filings Down 8.5 Percent

Bankruptcy filings fell 8.5 percent for the 12-month period ending March 31, 2016, compared with the year ending March 31, 2015, according to statistics released by the Administrative Office of the U.S. Courts. The March 2016 annual bankruptcy filings totaled 833,515, compared with 911,086 cases in the year ending March 2015.

The following bankruptcy statistics are available: 

  • Business and non-business bankruptcy filings for the 12-month period ending March 31, 2016. (Table F-2, Business and Nonbusiness Commenced by Chapter),
  • 2015 and 2016 Bankruptcy Cases Commenced, Terminated and Pending (Table F),
  • 2016 first quarter filings (Table F-2, 3-Month) and filings by month (Table F-2, January, February, March.)
  • Bankruptcy filings by county (Report F-5A).
Business and Non-business Filings Years Ending March 31, 2012-2016
Year Business Non-business Total
2016 24,797 808,718 833,515
2015 26,130 884,956 911,086
2014 31,671 1,006,609 1,038,280
2013 37,552 1,132,772 1,170,324
2012 46,393 1,320,613 1,367,006
Total Bankruptcy Filings by Bankruptcy Chapter Years Ending March 31, 2012-2016
Year Chapter
  7 11 12 13
2016 523,394 7,380 440 302,193
2015 596,867 7,053 354 306,729
2014 699,982 8,564 388 329,256
2013 804,885 9,811 463 355,081
2012 958,757 11,339 606 396,175
 
Learn more about bankruptcy and its chapters, or local bankruptcy court rules. Search historic data on bankruptcy filings.

Related Topics: Bankruptcy Courts, Bankruptcy Filings, Statistics