Posted on Tuesday, May 18th, 2010.
California Bankruptcy Numbers Place State 8th Highest, Per Capita
Although California has the highest total number of bankruptcies in the country, the per capita bankruptcy filing numbers place it 8th highest among all states.
From the Orange County Register, online:
“California had more than bankruptcy filings per 1,000 residents for the 12 months ended March 31, according to the U.S. Bankruptcy Court.
That ranks the state 8th in per-capita bankruptcies in the United States. California ranks first, by a wide margin, in total number of bankruptcies. (It ranks 6th in Chapter 7 business and nonbusiness liquidations per capita with 4.75 per 1,000 population). Most of the filings are individual liquidations.
The other high per-capita states are:
- Nevada, 11.7 bankruptcy filings per 1,000 residents
- Tennessee, 8.55
- Georgia, 7.80
- Indiana, 7.62
- Alabama, 7.42
- Michigan, 7.11
- Ohio, 6.26
- California, 6.15
- Illinois, 6.04
- Kentucky, 6.03
Nationwide, bankruptcy filings





