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Link to original content: http://fr.statista.com/statistics/1117994/bankruptcy-filings-us-chapter-7-state/
Chapter 7 bankruptcy filings by state U.S. 2023 | Statista

U.S. Chapter 7 bankruptcy filings 2023, by state

Published by Statista Research Department, Jul 5, 2024

California had the highest number of Chapter 7 bankruptcy filings of any state in 2023 with 30,248 Chapter 7 bankruptcy filings. 1,735 of these were filed by businesses, and 28,513 were non-business filings. 

Chapter 7 bankruptcy is when the debtor's (non-exempt) assets are sold to repay outstanding debts, with the remainder of the debt not needing to be repaid. Qualification for Chapter 7 bankruptcy is contingent on earning below a certain income threshold.

Number of Chapter 7 bankruptcy filings in the United States in 2023, by state

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Release date

July 2024

Region

United States

Survey time period

2023

Supplementary notes

The nature of debt is business if the debtor is a corporation or partnership, or if debt related to the operation of a business predominates. Non-business debt includes consumer debt or other debt that the debtor indicates is not consumer debt or business debt.

Chapter 7 bankruptcy is the debtor's (non-exempt) assets are sold to repay outstanding debts, with the remainder of the debt not needing to be repaid. Qualification for Chapter 7 bankruptcy is contingent on earning below a certain income threshold.

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