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June 2016 Bankruptcy Filings Down 6.9 Percent

Published on July 27, 2016

Bankruptcy filings fell 6.9 percent for the 12-month period ending June 30, 2016, compared with the year ending June 30, 2015, according to statistics released by the Administrative Office of the U.S. Courts. The June 2016 annual bankruptcy filings totaled 819,159, compared with 879,736 cases in the previous year.

The number of bankruptcy filings was the lowest for any 12-month period since the year ending December 2007. However, the rate of decline was less than 10 percent for the second straight quarter, after consecutive double-digit declines had occurred in every reporting period since December 2011. A national wave of bankruptcies that began in 2008 reached a peak in the year ending September 2010, when nearly 1.6 million bankruptcies were filed.

The following bankruptcy statistics are available:

  • Business and non-business bankruptcy filings for the 12-month period ending June 30, 2016. (Table F-2, Business and Nonbusiness Commenced by Chapter)
  • 2015 and 2016 Bankruptcy Cases Commenced, Terminated and Pending (Table F)  
  • 2016 first quarter filings (Table F-2, 3-Month), and filings by month (Table F-2, April, May, June)
  • Bankruptcy filings by county (Report F-5A)
Business and Non-business Filings Years Ending June 30, 2012-2016
Year Business Non-business Total
2016 25,227 793,932 819,159
2015 25,046 854,690 879,736
2014 30,113 969,970 1,000,083
2013 36,061 1,101,917 1,137,978
2012 44,435 1,267,167 1,311,602
Total Bankruptcy Filings by Bankruptcy Chapter Years Ending June 30, 2012-2016
Year Chapter
  7 11 12 13
2016 509,769 7,928 459 300,858
2015 568,679 6,672 357 303,945
2014 669,976 8,347 394 321,278
2013 778,845 9,633 426 348,994
2012 914,015 10,921 582 385,949

For more on bankruptcy and its chapters, visit the Judiciary's website or go to the FJC's website. Search historic data on bankruptcy filings.

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