Bankruptcy by Chapter and Type in Qtr:4 of 2017 | Number | Rank | Percent Distribution | Rank |
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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 |