Bankruptcy filings for the 12-month period ending June 30, 2012, totaled 1,311,602 petitions, 14 percent less than the 1,529,560 filed in the 12-month period ending June 30, 2011, according to statistics released today by the Administrative Office of the U.S. Courts.
Business and Non-Business Filings
The majority of bankruptcy filings involve predominantly non-business debts. For the 12-month period ending June 30, 2012, non-business filings—where the debts are predominantly personal or consumer in nature—totaled 1,267,167, down 14 percent from the 1,477,426 nonbusiness bankruptcies filed in the 12-month period ending June 30, 2011.
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Business and Non-business Filings |
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| Year | Total | Non-Business | Business |
| 2012 | 1,311,602 | 1,267,167 | 44,435 |
| 2011 | 1,529,560 | 1,477,426 | 52,134 |
| 2010 | 1,572,597 | 1,512,989 | 59,608 |
| 2009 | 1,306,315 | 1,251,294 | 55,021 |
| 2008 | 967,831 | 934,009 | 33,822 |
Third Quarter of FY 2012
April, May, and June 2012 constituted the third quarter of the Judiciary's 2012 fiscal year. The number of bankruptcies filed during those three months was 325,693, down 14 percent from the 379,790 filings in the same quarter of 2011.
Filings by Chapter
For the 12-month period ending June 30, 2012, filings fell for chapters 7, 11, 12, and 13 compared to filings in the 12-month period ending June 30, 2011.
- Chapter 7 filings, which constitute 70 percent of all filings, fell 16 percent to 914,015 from the 1,083,671 Chapter 7 filings in the 12-month period ending June 30, 2011.
- Chapter 13 filings, which account for 29 percent of all filings, fell 11 percent to 385,949 from the 432,333 Chapter 13 bankruptcies filed in the same time period in 2011.
- Chapter 11 filings, which make up less than 1 percent of all filings, fell 14 percent to 10,921 from the 12,714 Chapter 11 filings in the same time period in 2011.
- Chapter 12 filings fell 19 percent to 582 from the 717 Chapter 12 filings in the same time period in 2011.
For more on bankruptcy and its chapters, visit the Judiciary's website or go to fjc.gov. Local bankruptcy court rules can be found here. View historic data on bankruptcy filings. Additional bankruptcy statistics, including bankruptcies by county, can be found on the Judiciary's PACER system.
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Total Bankruptcy Filings by Bankruptcy Chapter Years Ended June 30, 2008-2012 |
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| Chapter | ||||
| Year | 7 | 11 | 12 | 13 |
| 2012 | 914,015 | 10,921 | 582 | 385,949 |
| 2011 | 1,083,671 | 12,714 | 717 | 432,333 |
| 2010 | 1,133,320 | 14,272 | 660 | 424,242 |
| 2009 | 907,603 | 13,951 | 422 | 384,187 |
| 2008 | 615,748 | 7,293 | 314 | 344,421 |
Quarterly Bankruptcy Filings*
| Period | Filings | Period | Filings | Period | Filings | Period | Filings |
| MAR. 31, 2012 | 322,973 | JUN. 30, 2012 | 325,693 | ||||
| MAR. 31, 2011 | 366,178 | JUN. 30, 2011 | 379,790 | SEPT. 30, 2011 | 348,635 | DEC. 31, 2011 | 313,775 |
| MAR. 31, 2010 | 388,148 | JUN. 30, 2010 | 422,061 | SEPT. 30, 2010 | 412,380 | DEC. 31, 2010 | 370,080 |
| MAR. 31, 2009 | 330,394 | JUN. 30, 2009 | 381,073 | SEPT. 30, 2009 | 388,485 | DEC. 31, 2009 | 372,203 |
| MAR. 31, 2008 | 245,695 | JUN. 30, 2008 | 276,428 | SEPT. 30, 2008 | 292,218 | DEC. 31, 2008 | 301,253 |
| MAR. 31, 2007 | 193,641 | JUN. 30, 2007 | 210,449 | SEPT. 30, 2007 | 218,909 | DEC. 31, 2007 | 226,413 |
| MAR. 31, 2006 | 116,771 | JUN. 30, 2006 | 155,833 | SEPT. 30, 2006 | 171,146 | DEC. 31, 2006 | 177,599 |
| MAR. 31, 2005 | 401,149 | JUN. 30, 2005 | 467,333 | SEPT. 30, 2005 | 542,002 | DEC. 31, 2005 | 667,431 |
| MAR. 31, 2004 | 407,572 | JUN. 30, 2004 | 421,110 | SEPT. 30, 2004 | 396,438 | DEC. 31, 2004 | 371,668 |
| MAR. 31, 2003 | 412,968 | JUN. 30, 2003 | 440,257 | SEPT. 30, 2003 | 412,989 | DEC. 31, 2003 | 393,348 |
| MAR. 31, 2002 | 379,012 | JUN. 30, 2002 | 400,686 | SEPT. 30, 2002 | 401,306 | DEC. 31, 2002 | 395,129 |
| MAR. 31, 2001 | 366,841 | JUN. 30, 2001 | 400,394 | SEPT. 30, 2001 | 359,518 | DEC. 31, 2001 | 364,921 |
| MAR. 31, 2000 | 312,335 | JUN. 30, 2000 | 321,729 | SEPT. 30, 2000 | 308,718 | DEC. 31, 2000 | 310,169 |
| MAR. 31, 1999 | 330,784 | JUN. 30, 1999 | 345,956 | SEPT. 30, 1999 | 323,550 | DEC. 31, 1999 | 318,634 |
| MAR. 31, 1998 | 354,118 | JUN. 30, 1998 | 373,460 | SEPT. 30, 1998 | 361,205 | DEC. 31, 1998 | 353,108 |
| MAR. 31, 1997 | 335,073 | JUN. 30, 1997 | 367,168 | SEPT. 30, 1997 | 353,515 | DEC. 31, 1997 | 347,685 |
| MAR. 31, 1996 | 266,149 | JUN. 30, 1996 | 297,162 | SEPT. 30, 1996 | 303,309 | DEC. 31, 1996 | 311,131 |
| MAR. 31, 1995 | 212,626 | JUN. 30, 1995 | 235,302 | SEPT. 30, 1995 | 233,593 | DEC. 31, 1995 | 244,494 |
* Because of ongoing corrections to the bankruptcy database, the quarterly data may not total to the most recent annual figures.
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