Indiana: Main-> Economy-> Bankruptcy

Total Bankruptcies Over Time Number Rank Rate Per 1000 People Rank 2008 39,305 10 6.16 5 2007 31,122 10 4.91 4 2006 22,234 11 3.53 4 2005 78,959 9 12.64 1 2004 54,465 11 8.77 4 2003 55,795 11 9.03 6 2002 53,520 11 8.71 6 2001 48,066 10 7.85 7 2000 37,519 10 6.17 8 1999 38,230 12 6.43 7 1998 39,252 13 6.64 9 Change 1997 to 2008 2,521 4 -0.10 6 Source: Administrative Office of the U.S. Courts. 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.

Bankruptcy by Chapter and Type in Qtr:2 of 2009 Number Rank Percent Distribution Rank Business Bankruptcy Total 237 18 100.0%       Chapter 7 174 18 73.4% 25     Chapter 11 44 20 18.6% 21     Chapter 12 2 22 0.8% 25     Chapter 13 17 22 7.2% 25 Personal Bankruptcy Total 12,885 9 100.0%       Chapter 7 9,653 7 74.9% 34     Chapter 11 2 26 0.0% 34     Chapter 13 3,230 9 25.1% 18 Source: Administrative Office of the U.S. Courts. 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.

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States IN Profile provides current federal statistics on a variety of demographic and economic indicators. Read "About the Profile" for the best understanding of the data, ranks and computations. This profile is produced by STATS Indiana, a web service of the Indiana Business Research Center at the Indiana University Kelley School of Business. Major support for this effort is provided by the State of Indiana through the Indiana Department of Workforce Development. Updated: November 20, 2009 at 14:27