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Bankruptcy Filings Increase Slightly

Bankruptcy filings increased by 0.4 percent for the 12-month period ending Sept. 30, 2019, compared with cases for the year ending Sept. 30, 2018, according to statistics released by the Administrative Office of the U.S. Courts. Annual bankruptcy filings totaled 776,674, compared with 773,375 cases in the previous year ending in September.

The level of filings is still 51 percent below the peak reached in 2010, during the aftermath of the Great Recession, 2007-2009. A national wave of bankruptcies that began in 2008 reached the highest level in the year ending September 2010, when nearly 1.6 million bankruptcy cases were filed. Filings declined yearly through 2018.

The following tables are available:

Business and Non-Business Filings,
Years Ending
September 30, 2015-2019
Year Business Non-Business Total
2019 22,910 753,764 776,674
2018 22,103 751,272 773,375
2017 23,109 767,721 790,830
2016 24,457 781,123 805,580
2015 24,985 835,197 860,182
Total Bankruptcy Filings By Chapter,
Years Ending
September 30, 2015-2019
Year Chapter
  7 11 12 13
2019 482,831 7,105 580 286,027
2018 477,248 7,014 468 288,550
2017 486,542 7,052 508 296,599
2016 498,367 7,450 458 299,150
2015 550,036 7,040 383 302,642

For more on bankruptcy and its chapters, view the following resources:

Related Topics: Bankruptcy Filings