Nevada still king, Georgia jumps Tennessee in bankruptcies per capita

Indiana, Colorado and Utah jump up; Tennessee and Michigan see small decreases

By Tyler Metzger

Editor's note: See the most recent bankruptcy statistic story.

For the second quarter in a row, Nevada, Tennessee and Georgia remain the top three states for bankruptcy filings per capita, according to recently released data detailing bankruptcies across the United States.

Nevada remains way ahead of the pack with 11.3 filings per capita, while Georgia and Tennessee are tied with 7.8 filings per capita. Indiana saw a significant increase -- rising from sixth place last quarter to fourth place this quarter -- and Colorado jumped from 11th place to eighth place. However, it was the Gem State -- Idaho -- that saw the biggest jump, moving up seven spots since last quarter to 20th place.

The data, compiled by Automated Access to Court Electronic Records (AACER), put total bankruptcies for the first six months of this year at about 787,000, excluding Guam, Puerto Rico and the Virgin Islands. That's 13.3 percent higher than this time last year.

South Carolina and Alaska still remain the states with the lowest per capita filings. Filings in Alaska reached a chilly 1.6, meaning that the average Alaskan is seven times less likely to file for bankruptcy than the average Nevadan.

How's your state rank? Use the table below to find out.

See related: Bankruptcies continue upward march in 2010, Nevada, Tennessee remain highest per capita bankruptcy states, Bankruptcy filings, state by state, 2005-2010, 5 tips for those considering bankruptcy, 4 ways to re-establish credit after bankruptcy, 5 misconceptions after credit after bankruptcy

Published: July 30, 2010

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