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:1 of 2017	Number	Rank	Percent Distribution	Rank
Business Bankruptcy
Total	98	17	100.0 %
Chapter 7	66	14	67.3 %	25
Chapter 11	22	14	22.4 %	19
Chapter 12	4	7	4.1 %	15
Chapter 13	6	25	6.1 %	38
Personal Bankruptcy
Total	5,607	14	100.0 %
Chapter 7	3,775	10	67.3 %	29
Chapter 11	0	31	0.0 %	22
Chapter 13	1,832	16	32.7 %	23

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