In 2023, there were ******* cases of personal bankruptcy filed nationwide in the United States. The number of personal bankruptcy cases has been declining in the U.S. since 2010.

In 2023, Alabama had the highest personal bankruptcy filing rate in the United States. In Alabama ****** inhabitants per 100,000 had filed for bankruptcy. In comparison, Alaska had the lowest bankruptcy filing rate, where ***** inhabitants per 100,000 filed for bankruptcy. Filing for bankruptcy Bankruptcy is a legal process that occurs when a person, business, or organization does not have enough money to pay for all of its debts. Personal bankruptcy happens for a multitude of reasons, with one of the biggest factors being medical debt. Corporate bankruptcy happens when businesses fail or because of financial distress. When a person cannot pay off their debts, a professional accountant is appointed as a trustee in bankruptcy. Their assets are frozen and then sold in order to pay off as much of the person’s debts as possible. When an organization can’t pay back its debts, a liquidator is appointed by the court. Assets are not protected, so everything can be sold off to cover the bankruptcy. In 2020, J.C. Penny Company Inc. had the largest Chapter 11 bankruptcy filings in the United States in terms of assets. U.S. bankruptcy In 2023, California had the largest number of bankruptcy filings in the United States, while Alaska had the lowest. The number of non-business bankruptcy filings has been decreasing since 2010. The same is true for the annual number of business bankruptcy cases which have been in decline since 2009.

This table contains 14 series, with data for years 1991 - 2010 (not all combinations necessarily have data for all years), and was last released on 2010-06-03. This table contains data described by the following dimensions (Not all combinations are available): Geography (14 items: Canada; Newfoundland and Labrador; Nova Scotia; Prince Edward Island ...), Bankruptcies (1 items: Consumer bankruptcies ...).

Total Insolvencies, Insolvencies Filed by Consumers, Insolvencies Filed by Businesses, Insolvencies by NAICS Economic Sectors, Canada, Insolvencies Filed by Consumers by ER, Insolvencies Filed by Businesses by ER, Insolvencies Filed by Consumers by Census Metropolitan Area (CMA), Insolvencies Filed by Businesses by Census Metropolitan Area (CMA). [Office of the Superintendent of Bankruptcy Canada]

This dataset provides values for BANKRUPTCIES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Canada Insolvency Statistics: Bankruptcy: Business: Individual data was reported at 44.000 Unit in Feb 2025. This records a decrease from the previous number of 51.000 Unit for Jan 2025. Canada Insolvency Statistics: Bankruptcy: Business: Individual data is updated monthly, averaging 49.000 Unit from Jan 2018 (Median) to Feb 2025, with 86 observations. The data reached an all-time high of 79.000 Unit in Mar 2019 and a record low of 17.000 Unit in Jul 2021. Canada Insolvency Statistics: Bankruptcy: Business: Individual data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O009: Insolvency Statistics: Business. [COVID-19-IMPACT]

In 2024, around ****** natural persons in Japan filed for personal bankruptcy. This marked the highest number of personal bankruptcies recorded in the past decade.

Personal bankruptcy filings in the United States increased, per capita, nearly 350 percent between 1980 and 2005. This paper first addresses the changes in economic and institutional factors that have occurred over the past 100 years, many of which have occurred in the past 30 years, which are likely contributors to the dramatic rise in personal bankruptcy filings seen across the country. These factors include a reduction in personal savings, an increase in consumer debt, the proliferation of revolving credit, changes to bankruptcy law, and a reduced social stigma associated with filing for bankruptcy. Given the availability of bankruptcy data at various levels of aggregation, the remaining sections of the paper contain results from several different empirical analyses of bankruptcy filings using various data sets. Careful attention is paid to personal bankruptcy filings in counties located in Eighth Federal Reserve District states.

This statistic shows the number of non-business bankruptcy cases filed in the state of North Carolina each year from 2011 to 2019. Numbers are based on the 12 months from January 1st until December 31st. In 2019, there were ****** cases of personal bankruptcy filed in North Carolina.

Individual insolvencies made up of bankruptcy orders and individual voluntary arrangements (IVAs), as counts and rates (per 10,000). Individual insolvencies in 2008 for England and Wales are made up of bankruptcy orders and individual voluntary arrangements (IVAs). Insolvent individuals in England and Wales are dealt with mainly under the Insolvency Act 1986. A bankruptcy order is made on the petition of the debtor or one or more of his creditors when the court is satisfied that there is no prospect of the debt being paid. There are also individual voluntary arrangements (IVAs) and deeds of arrangement, which enable debtors to come to an agreement with their creditors. Source: Insolvency Service Publisher: Neighbourhood Statistics Geographies: Local Authority District (LAD), Government Office Region (GOR), National Geographic coverage: England and Wales Time coverage: 2000 to 2008 Type of data: Administrative data

View quarterly updates and historical trends for US Consumers with New Bankruptcy. from United States. Source: Federal Reserve Bank of New York. Track eco…

Chapter * bankruptcies in the United States peaked in 2010, when *** million non-business and ****** business claims were filed under Chapter * of the Bankruptcy Code. By 2023, these figures had dropped to ******* and ****** respectively.

Chapter * bankruptcy is when the debtor's (non-exempt) assets are sold to repay outstanding debts, with the remainder of the debt not needing to be repaid. Qualification for Chapter * bankruptcy is contingent on earning below a certain income threshold.

Individual insolvencies made up of bankruptcy orders and individual voluntary arrangements (IVAs), as counts and rates (per 10,000). Individual insolvencies in 2008 for England and Wales are made up of bankruptcy orders and individual voluntary arrangements (IVAs). Insolvent individuals in England and Wales are dealt with mainly under the Insolvency Act 1986. A bankruptcy order is made on the petition of the debtor or one or more of his creditors when the court is satisfied that there is no prospect of the debt being paid. There are also individual voluntary arrangements (IVAs) and deeds of arrangement, which enable debtors to come to an agreement with their creditors. Source: Insolvency Service Publisher: Neighbourhood Statistics Geographies: Local Authority District (LAD), Government Office Region (GOR), National Geographic coverage: England and Wales Time coverage: 2000 to 2008 Type of data: Administrative data

Australia Personal Insolvency: Bankruptcy: Debtors Petition: In Business data was reported at 257.000 Unit in Oct 2025. This records a decrease from the previous number of 269.000 Unit for Sep 2025. Australia Personal Insolvency: Bankruptcy: Debtors Petition: In Business data is updated monthly, averaging 168.000 Unit from Jul 2019 (Median) to Oct 2025, with 76 observations. The data reached an all-time high of 446.000 Unit in Jul 2019 and a record low of 107.000 Unit in Jan 2022. Australia Personal Insolvency: Bankruptcy: Debtors Petition: In Business data remains active status in CEIC and is reported by Australian Financial Security Authority. The data is categorized under Global Database’s Australia – Table AU.O: Personal Insolvency Statistics: In Business: Monthly. The difference between the sum of the states and territories and the national total is due to new personal insolvencies that are classified as part of the “Other” state or territory. The national total includes the “Other” classification, but the category is not reported separately. The “Other” classification includes personal insolvencies that report an address that is overseas, part of Australia’s other territories, incompatible with Australian Statistics Geographical Standard (ASGS) or unable to be published.

Tables show individual insolvencies made up of bankruptcy orders and individual voluntary arrangements (IVAs), New Debt Relief Orders, and breathing space registrations from May 2021, as counts and rates (per 10,000 people).

Insolvent individuals in England and Wales are dealt with mainly under the Insolvency Act 1986. A bankruptcy order is made on the petition of the debtor or one or more of his creditors when the court is satisfied that there is no prospect of the debt being paid.

There are also individual voluntary arrangements (IVAs) and deeds of arrangement, which enable debtors to come to an agreement with their creditors.

Classifying insolvent individuals into geographic areas is done using the postcode that the insolvent individual provides. The use of this in assigning an individual to a geographical area is only as good as the postcode information given. Inaccurate postcodes or incomplete/missing postcodes will lead to missing data.

Rates include revisions due to changes in population estimates.

Rates per 10,000 are calculated using area population figures for adults aged 18+.

This dataset is one of the Greater London Authority's measures of Economic Fairness. Click here to find out more.

AFSA publish a breakdown of business and non-business personal insolvency statistics quarterly for bankrupts, debt agreement debtors and personal insolvency agreement debtors. The time series started in March 2003.\r \r A business related personal insolvency occurs where an individual’s bankruptcy, debt agreement or personal insolvency agreement is directly related to his or her proprietary interest in a business.\r \r The business and non-business personal insolvency statistics may be affected by differences in debtors’ interpretations of what constitutes a business and whether a proprietary interest in a business was the primary cause of insolvency.\r \r For more information on the data, please see https://www.afsa.gov.au/resources/statistics/provisional-business-and-non-business-personal-insolvency-statistics/guide-to-business-and-non-business-personal-insolvency-activity-statistics

Personal Insolvency: Bankruptcy: In Business data was reported at 315.000 Unit in Mar 2025. This records an increase from the previous number of 239.000 Unit for Feb 2025. Personal Insolvency: Bankruptcy: In Business data is updated monthly, averaging 210.000 Unit from Jul 2019 (Median) to Mar 2025, with 69 observations. The data reached an all-time high of 510.000 Unit in Aug 2019 and a record low of 111.000 Unit in Jan 2022. Personal Insolvency: Bankruptcy: In Business data remains active status in CEIC and is reported by Australian Financial Security Authority. The data is categorized under Global Database’s Australia – Table AU.O009: Personal Insolvency Statistics: In Business: Monthly. The difference between the sum of the states and territories and the national total is due to new personal insolvencies that are classified as part of the “Other” state or territory. The national total includes the “Other” classification, but the category is not reported separately. The “Other” classification includes personal insolvencies that report an address that is overseas, part of Australia’s other territories, incompatible with Australian Statistics Geographical Standard (ASGS) or unable to be published.