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Bankruptcy Filings Drop 12 Percent in Fiscal Year 2013

Bankruptcy cases filed in federal courts for fiscal year 2013—the 12-month period ending September 30, 2013—totaled 1,107,699, down 12 percent from the 1,261,140 bankruptcy cases filed in FY 2012, according to statistics released today by the Administrative Office of the U.S. Courts.

Additional statistics released today include:

Business and Non-Business Filings
Years Ended September 30, 2009-2013
Year Business Non-Business TOTAL
2013 34,892 1,072,807 1,107,699
2012 42,008 1,219,132 1,261,140
2011 49,895 1,417,326 1,467,221
2010 58,322 1,538,033 1,596,355
2009 58,721 1,344,095 1,402,816
 
Bankruptcy Filings by Chapter of the Bankruptcy Code 12-Month Periods Ending September 30, 2009-2013
Year Chapter
  7 11 12 13
2013 753,995 9,564 405 343,651
2012 874,337 10,597 541 375,521
2011 1,036,950 11,979 676 417,503
2010 1,146,511 14,191 707 434,839
2009 989,227 14,745 487 398,210

Related Topics: Bankruptcy Filings, Statistics