Economy: States in Profile

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Total Bankruptcies over Time	Number	Rank	Rate per 1,000 People	Rank
2017	23,339	12	3.50	9
2016	24,207	12	3.65	7
2015	26,600	10	4.02	6
2014	29,235	10	4.43	6
2013	33,846	10	5.15	5
2012	36,181	10	5.54	6
2011	39,336	10	6.04	7
2010	47,304	10	7.30	4
2009	48,238	10	7.47	4
2008	39,305	10	6.12	5
2007	31,122	10	4.88	4
Change 2007 to 2017	-7,783	48	-1.38	50

Note: A new bankruptcy law went into effect in the fall of 2005 that made filing for bankruptcy more difficult.
Source: Administrative Office of the U.S. Courts

Bankruptcy by Chapter and Type in Qtr:4 of 2017	Number	Rank	Percent Distribution	Rank
Business Bankruptcy
Total	73	23	100.0 %
Chapter 7	54	20	74.0 %	16
Chapter 11	9	25	12.3 %	39
Chapter 12	2	16	2.7 %	16
Chapter 13	8	17	11.0 %	18
Personal Bankruptcy
Total	4,958	13	100.0 %
Chapter 7	3,113	10	62.8 %	34
Chapter 11	1	26	0.0 %	26
Chapter 13	1,844	15	37.2 %	18

Note: A new bankruptcy law went into effect in the fall of 2005 that made filing for bankruptcy more difficult; therefore the numbers may fluctuate more than they have in the past.
Source: Administrative Office of the U.S. Courts

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Indiana's Economy