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

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
Nevada127
Tennessee211
Georgia332
Indiana443
Alabama554
Michigan665
Ohio776
Kentucky889
Arkansas998
Colorado101114
Illinois111012
California121430
Utah132037
Delaware141211
Missouri152221
Florida161931
Arizona171518
Wisconsin181617
Idaho191310
Rhode Island202319
Mississippi212940
Oregon221720
Virginia232423
Washington242525
Maryland252826
Louisiana261815
Nebraska272629
Minnesota283033
New Jersey292113
New Hampshire303232
Kansas312716
Oklahoma323122
West Virginia333324
Iowa343428
Massachusetts353635
New Mexico363527
Pennsylvania373836
North Carolina384041
Maine393734
New York404142
Connecticut413945
Montana424546
Vermont434348
Wyoming444238
North Dakota454947
Hawaii464743
South Dakota474850
Texas484444
South Carolina494639
District of Columbia505049
Alaska515151

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

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