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Nevada keeps top spot in most-likely-to-go-bankrupt rankings

Tennessee, Georgia round out top 3 for most per capita bankruptcies

By Tyler Metzger

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

Continuing harsh economic conditions kept bankruptcy filings on the rise in the third quarter of 2009. According to the Automated Access to Court Electronic Records, Chapter 7, 11 and 13 filings pushed ever higher, approaching the pace of 2005, the year that set all records for American bankruptcies.

More than 1.07 million consumer bankruptcy cases have been filed since the beginning of 2009. Residents of Nevada, Tennessee and Georgia continued to have the greatest chance of filing; consumers in the District of Columbia, Texas and South Carolina remained least likely to file. In terms of per capita filings, Missouri and Utah have made the biggest upward move in the past two years, in terms of likelihood of filing.

Moving up the rankings? Utah and Missouri. Moving down? As Louisiana continues to recover from Hurricane Katrina, it has fallen to the middle of the pack.

Because of its huge population, California saw the largest raw number of bankruptcies. The Golden State witnessed more than 150,000 bankruptcies filed in the first three quarters of 2009.

What about the place you call home? Use the table below to find out how your state ranked.Rankings are on a per capita basis -- the number of bankruptcies per every 1,000 residents.

State2009 rank (through Sept. 30)2008 rank2007 rank
Nevada 1
2 7
Tennessee 2
1 1
Georgia 3
3 2
Indiana 4
4 3
Alabama 5
5 4
Michigan 6
6 5
Ohio 7
7 6
Kentucky 8
8 9
Arkansas 9
9 8
Colorado 10 11 14
Illinois 11
10 12
California 12
14 30
Utah 13
20 37
Delaware 14
12 11
Missouri 15
22 21
Florida 16
19 31
Arizona 17
15 18
Wisconsin 18
16 17
Idaho 19
13 10
Rhode Island 20
23 19
Mississippi 21
29 40
Oregon 22
17 20
Virginia 23
24 23
Washington 24
25 25
Maryland 25
28 26
Louisiana 26
18 15
Nebraska 27
26 29
Minnesota 28
30 33
New Jersey 29
21 13
New Hampshire 30
32 32
Kansas 31
27 16
Oklahoma 32
31 22
West Virginia 33
33 24
Iowa 34 34 28
Massachusetts 35
36 35
New Mexico 36
35 27
Pennsylvania 37
38 36
North Carolina 38
40 41
Maine 39
37 34
New York 40
41 42
Connecticut 41
39 45
Montana 42
45 46
Vermont 43
43 48
Wyoming 44
42 38
North Dakota 45
49 47
Hawaii 46
47 43
South Dakota 47
48 50
Texas 48
44 44
South Carolina 49
46 39
District of Columbia 50
50 49
Alaska 51
51 51

Source: Automated Access to Court Electronic Records (AACER)

See related: Bankruptcy filings on track to hit 1.4 million in 2009, State by state bankruptcy filings, 2005-2009, 5 tips for those considering bankruptcy, 4 ways to re-establish credit after bankruptcy, 5 misconceptions after credit after bankruptcy

Published: October 12, 2009


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Updated: 09-29-2016


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