Economy: States in Profile

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Total Bankruptcies over Time	Number	Rank	Rate per 1,000 People	Rank
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	5.53	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
2006	22,234	11	3.51	4
Change 2006 to 2016	1,973	21	0.14	31

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:2 of 2017	Number	Rank	Percent Distribution	Rank
Business Bankruptcy
Total	66	27	100.0 %
Chapter 7	52	22	78.8 %	5
Chapter 11	7	29	10.6 %	41
Chapter 12	2	20	3.0 %	20
Chapter 13	5	27	7.6 %	29
Personal Bankruptcy
Total	6,569	12	100.0 %
Chapter 7	4,610	8	70.2 %	26
Chapter 11	1	23	0.0 %	25
Chapter 13	1,958	15	29.8 %	25

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