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:1 of 2018	Number	Rank	Percent Distribution	Rank
Business Bankruptcy
Total	73	22	100.0 %
Chapter 7	53	18	72.6 %	18
Chapter 11	10	26	13.7 %	31
Chapter 12	5	8	6.8 %	7
Chapter 13	5	21	6.8 %	30
Personal Bankruptcy
Total	5,343	13	100.0 %
Chapter 7	3,437	10	64.3 %	33
Chapter 11	2	17	0.0 %	21
Chapter 13	1,904	15	35.6 %	19

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