| Ch. 7 Business Bankruptcy % of Total in Qtr:4 of 2011 |  |
| Rank | State | Fips Code | % of Bankruptcies in Class |
| 1 | Iowa | 19000 | 88.6% |
| 2 | North Dakota | 38000 | 85.7% |
| 3 | Idaho | 16000 | 85.4% |
| 4 | Minnesota | 27000 | 85.2% |
| 5 | Nebraska | 31000 | 83.3% |
| 6 | Ohio | 39000 | 82.8% |
| 7 | Colorado | 08000 | 82.7% |
| 8 | New Mexico | 35000 | 81.4% |
| 9 | Rhode Island | 44000 | 81.1% |
| 10 | Illinois | 17000 | 80.9% |
| 10 | Kentucky | 21000 | 80.9% |
| 12 | Hawaii | 15000 | 80.6% |
| 12 | Oklahoma | 40000 | 80.6% |
| 14 | Maine | 23000 | 78.9% |
| 14 | Wyoming | 56000 | 78.9% |
| 16 | Virginia | 51000 | 78.1% |
| 17 | Oregon | 41000 | 77.8% |
| 18 | Michigan | 26000 | 77.1% |
| 19 | Alaska | 02000 | 76.9% |
| 20 | Alabama | 01000 | 75.5% |
| 20 | Wisconsin | 55000 | 75.5% |
| 22 | Indiana | 18000 | 75.2% |
| 23 | California | 06000 | 75.1% |
| 24 | South Dakota | 46000 | 75.0% |
| 25 | Utah | 49000 | 74.5% |
| 26 | Tennessee | 47000 | 74.1% |
| 27 | Arkansas | 05000 | 73.1% |
| 28 | South Carolina | 45000 | 72.9% |
| 29 | Florida | 12000 | 72.4% |
| 30 | Georgia | 13000 | 72.0% |
| 31 | Missouri | 29000 | 70.7% |
| 32 | Washington | 53000 | 70.3% |
| 33 | Mississippi | 28000 | 70.0% |
| 34 | North Carolina | 37000 | 69.7% |
| 35 | Arizona | 04000 | 69.0% |
| 36 | New Jersey | 34000 | 68.6% |
| 37 | Louisiana | 22000 | 68.5% |
| 38 | Vermont | 50000 | 66.7% |
| 39 | Texas | 48000 | 66.1% |
| 40 | Maryland | 24000 | 66.0% |
| 41 | West Virginia | 54000 | 65.9% |
| 42 | Nevada | 32000 | 65.6% |
| 43 | Massachusetts | 25000 | 62.8% |
| 43 | Pennsylvania | 42000 | 62.8% |
| 45 | Connecticut | 09000 | 59.3% |
| 46 | Kansas | 20000 | 57.1% |
| 46 | New Hampshire | 33000 | 57.1% |
| 48 | District of Columbia | 11000 | 55.0% |
| 49 | New York | 36000 | 54.1% |
| 50 | Montana | 30000 | 53.3% |
| 51 | Delaware | 10000 | 6.2% |
| 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. | |||
| 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: February 08, 2012 at 12:22 |