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Nevada still king, Georgia jumps Tennessee in bankruptcies per capita

Summary

Nevada is still king, and Georgia jumps Tennessee in bankruptcies per capita. Indiana, Colorado and Utah all jump up in the rankings, while Tennessee and Michigan see small decreases.

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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.

State2010 rank (through June 30)Filings per capita2009 end-of-year rank
Nevada111.31
Georgia27.83
Tennessee37.82
Indiana47.65
Michigan57.36
Alabama67.24
California76.812
Colorado86.69
Illinois96.511
Utah106.413
Ohio116.37
Arizona126.315
Florida13616
Kentucky1468
Wisconsin155.719
Arkansas165.610
Missouri175.517
Oregon185.422
Rhode Island195.421
Idaho205.418
Maryland215.225
Washington22523
Virginia234.924
Delaware244.814
Mississippi254.820
New Jersey264.729
Nebraska274.427
Minnesota284.428
New Hampshire294.430
Louisiana304.126
Oklahoma314.132
Kansas32431
Massachusetts333.635
West Virginia343.533
Iowa353.534
New Mexico363.336
Connecticut373.340
Montana383.342
Maine393.241
Hawaii403.145
Pennsylvania413.137
New York42339
Vermont432.943
Wyoming442.944
North Carolina452.838
South Dakota462.647
North Dakota472.546
Texas482.348
District of Columbia492.250
South Carolina502.149
Alaska511.651
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

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