State Bankruptcy Filing Rates

September 5, 2008 | Posted By Editor Comments / Questions (0) | print this article

Last year (June 30, 2007-June 30, 2008) bankruptcy filings increased significantly in many states. Some of the states with rising bankruptcy filing rates over the 12-month period include:

  • Nevada: up 76.8 percent;
  • California: up 75.3 percent;
  • Rhode Island: up 64.9 percent;
  • Arizona: up 62.1 percent;
  • Maryland: up 45.6 percent;
  • Vermont: up 44.8 percent;
  • Virginia: up 39.2 percent;
  • New Hampshire: up 34.1 percent;
  • Maine: up 32.9 percent;
  • New Jersey: up 32.6 percent;
  • Massachusetts: up 28.3 percent;
  • Indiana: up 26.5 percent;
  • Kentucky: up 24.9 percent;
  • Michigan: up 24.6 percent;
  • Illinois: up 24.2 percent;
  • New York: up 15.5 percent; and
  • Texas; up 7.9 percent.

This data was provided by a recently released report by the Administrative Office of the U.S. Courts.

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