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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.

State 2010 rank (through June 30) Filings per capita
2009 end-of-year rank
Nevada 1
11.3 1
Georgia 2
7.8 3
Tennessee 3
7.8 2
Indiana
4
7.6
5
Michigan
5
7.3 6
Alabama
6
7.2
4
California
7
6.8 12
Colorado
8
6.6 9
Illinois
9
6.5
11
Utah
10 6.4 13
Ohio
11
6.3 7
Arizona
12
6.3 15
Florida
13
6 16
Kentucky
14
6 8
Wisconsin
15
5.7 19
Arkansas
16
5.6 10
Missouri
17
5.5 17
Oregon
18
5.4 22
Rhode Island
19
5.4
21
Idaho
20
5.4
18
Maryland
21
5.2
25
Washington
22
5
23
Virginia
23
4.9 24
Delaware
24
4.8 14
Mississippi
25
4.8 20
New Jersey
26
4.7 29
Nebraska
27
4.4 27
Minnesota
28
4.4 28
New Hampshire
29
4.4 30
Louisiana
30
4.1 26
Oklahoma 31
4.1 32
Kansas
32
4 31
Massachusetts
33
3.6 35
West Virginia
34 3.5 33
Iowa
35
3.5 34
New Mexico
36
3.3 36
Connecticut
37
3.3 40
Montana
38
3.3 42
Maine
39
3.2 41
Hawaii
40
3.1
45
Pennsylvania
41
3.1
37
New York
42
3 39
Vermont
43
2.9 43
Wyoming
44
2.9 44
North Carolina
45
2.8 38
South Dakota
46
2.6 47
North Dakota
47
2.5 46
Texas
48
2.3 48
District of Columbia
49
2.2 50
South Carolina
50
2.1 49
Alaska 51
1.6 51
Source: Automated Access to Court Electronic Records

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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