2013 bankruptcy filings continue decline

Filings continue to fall in 3rd quarter of 2013

Consumer bankruptcies extended their decline in the third quarter of 2013, edging down from their recession-inflated levels of past years as the economy continues to recover.

There were 801,783 personal bankruptcies in the first nine months of 2013, down about 13 percent from the corresponding period in 2012, according to figures compiled by Epiq Systems from federal bankruptcy court data.

That puts 2013 on track to achieve a third straight year of reduced filings. In 2010, the aftermath of the recession pushed personal bankruptcies to about 1.53 million. Filings began to ebb the next year, falling to about 1.37 million and receded further to less than 1.2 million in 2012.

The chart below summarizes Chapter 7 and Chapter 13 bankruptcies by state through the third quarter of 2013. Click on a state to see per-capita statistics and other details.


See related: Your map through Chapter 7 and 13 bankruptcy, 5 bankruptcy myths busted Juan Rodriguez contributed to this report.

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Updated: 11-22-2017