In 2022, there were three municipal authorities in the United States that filed for bankruptcy under Chapter 9 of the Bankruptcy Code. The number of Chapter 9 bankruptcy filings peaked in 2012 when there were 20 filings.
Chapter 9 bankruptcy allows for financially distressed municipalities to reorganize outstanding debt with their creditors. Municipality is broadly defined, including cities, counties, townships, school districts, and public improvement districts, as well as revenue-producing bodies such as bridge and highway authorities.
Annual number of Chapter 9 municipality bankruptcy cases filed in the United States from 2000 to 2022
Chapter 9 bankruptcy allows for financially distressed municipalities to reorganize outstanding debt with their creditors. Municipality is broadly defined, including cities, counties, townships, school districts, and public improvement districts, as well as revenue-producing bodies such as bridge and highway authorities.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
American Bankruptcy Institute. (July 1, 2024). Annual number of Chapter 9 municipality bankruptcy cases filed in the United States from 2000 to 2022 [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1118479/bankruptcy-filings-us-chapter-9-municipality/
American Bankruptcy Institute. "Annual number of Chapter 9 municipality bankruptcy cases filed in the United States from 2000 to 2022." Chart. July 1, 2024. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1118479/bankruptcy-filings-us-chapter-9-municipality/
American Bankruptcy Institute. (2024). Annual number of Chapter 9 municipality bankruptcy cases filed in the United States from 2000 to 2022. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1118479/bankruptcy-filings-us-chapter-9-municipality/
American Bankruptcy Institute. "Annual Number of Chapter 9 Municipality Bankruptcy Cases Filed in The United States from 2000 to 2022." Statista, Statista Inc., 1 Jul 2024, https://www.statista.com/statistics/1118479/bankruptcy-filings-us-chapter-9-municipality/
American Bankruptcy Institute, Annual number of Chapter 9 municipality bankruptcy cases filed in the United States from 2000 to 2022 Statista, https://www.statista.com/statistics/1118479/bankruptcy-filings-us-chapter-9-municipality/ (last visited November 26, 2024)
Annual number of Chapter 9 municipality bankruptcy cases filed in the United States from 2000 to 2022 [Graph], American Bankruptcy Institute, July 1, 2024. [Online]. Available: https://www.statista.com/statistics/1118479/bankruptcy-filings-us-chapter-9-municipality/
