In 2023, the state of Georgia had the most Chapter 13 filings of any U.S. state with 16,924 cases being filed - more than twice the number of Chapter 13 bankruptcies filed in the most populous state, California. Of the Chapter 13 bankruptcies filed in Georgia, 54 were business related, and 16,871 were non-business related.
Chapter 13 bankruptcy is where debtors propose a repayment plan over a three- to five-year period. It is only available to those with sufficient disposable income to service their debts and allows for the debtor to avoid the sale of their assets to repay their outstanding debt.
Number of Chapter 13 bankruptcy filings in the United States in 2023, by state
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 13 bankruptcy is where debtors propose a repayment plan over a three- to five-year period. It is only available to those with sufficient disposable income to service their debts and allows for the debtor to avoid the sale of their assets to repay their outstanding debt.
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US Courts. (July 2, 2024). Number of Chapter 13 bankruptcy filings in the United States in 2023, by state [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1118093/bankruptcy-filings-us-chapter-13-state/
US Courts. "Number of Chapter 13 bankruptcy filings in the United States in 2023, by state." Chart. July 2, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1118093/bankruptcy-filings-us-chapter-13-state/
US Courts. (2024). Number of Chapter 13 bankruptcy filings in the United States in 2023, by state. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1118093/bankruptcy-filings-us-chapter-13-state/
US Courts. "Number of Chapter 13 Bankruptcy Filings in The United States in 2023, by State." Statista, Statista Inc., 2 Jul 2024, https://www.statista.com/statistics/1118093/bankruptcy-filings-us-chapter-13-state/
US Courts, Number of Chapter 13 bankruptcy filings in the United States in 2023, by state Statista, https://www.statista.com/statistics/1118093/bankruptcy-filings-us-chapter-13-state/ (last visited November 22, 2024)
Number of Chapter 13 bankruptcy filings in the United States in 2023, by state [Graph], US Courts, July 2, 2024. [Online]. Available: https://www.statista.com/statistics/1118093/bankruptcy-filings-us-chapter-13-state/
