New numbers detail the extent of bankruptcy filings in the last year. According to the Administrative Office of the U.S. Courts, the number of non-business bankruptcy filings in the 12 month period ending September 30, 2011, were as follows:
Chapter 7: 1,001,813
Chapter 13: 413,699
Chapter 11: 1,811
Breaking down the numbers even further, the National Bankruptcy Research Center and Professor Ronald Mann, of the Columbia Law School, found that the top states in total number of filings were:
1. Nevada
2. Georgia
3. Utah
4. Tennessee
5. California
They further went on to analyze filings by county and found that the top five filing counties were the following:
1. Shelby County, TN (Memphis)
2. Riverside County, CA (Riverside)
3. DeKalb County, GA (Decatur/Atlanta)
4. Clark County, NV (Las Vegas)
5. San Bernardino County, CA (San Bernardino)
Interestingly enough, they've also found that the top 10 counties so far in 2012 are all located Georgia and Tennessee.
Filing bankruptcy can be complicated and confusing. For more information on Chapter 7 and Chapter 13, or for a free consultation, call me at 330-605-3508 or visit my website at http://www.ohiobankruptcyrelief.com/.
