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November 8, 2011

Analysis of National Filings Prepared by the Administrative Office of the U.S. Courts

From the Hon. Scott Clarkson:

These are the local comparisons to the national filings. This is public information.

Please see the analysis below prepared by the Clerk's Office of the Central District of California reflecting a comparison of CACB to the national filings for the period ending 9/30/11, released by the Administrative Office of the U.S. Courts yesterday.

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The following is the analysis of the national bankruptcy filings for the 12-month and 3-month period ending 9/30/11.

A. National Filing Statistics for the 12 and 3-Month Period Ending September 30, 2011

1. CA, C continues to lead the nation in total filings with 139,882 during the 12-month period, 129% greater than the next highest district, IL, N, with 60,976.

2. CA, C experienced a 0.9% increase in filings over the same period in 2010 (138,585), while nationally, bankruptcy filings fell 8.1%. While filings are up slightly, the rate of increase continues to fall from a high of 96.3% in 2008 to 0.9% this period.

3. CA, C had the third highest percentage increase in filings, just below LA, M with 1.3%. Utah had the highest percentage increase with 6.5%.

LARGEST Percentage Increase
UT 6.5%
LA, M 1.3%
CA, C 0.9%
WA, W -1.1%
TX, S -1.2%

4. CA, C is the only district among the mega courts to experience an increase from 2010 to 2011. IL, N holds the number two spot with 60,976 filings down 6.8% from 65,443 filings in 2010, while number three ranked FL, M fell 14.8% (66,881 in 2010 to 56,972 in 2011).

Mega Courts Filings with Percentage Increase/Decrease
District Filings % Change
CA, C 139,882 0.9%
IL, N 60,976 -6.8%
FL, M 56,972 -14.8%
GA, N 53,825 -2.0%
CA, E 51,481 -5.3%

5. CA, C led the nation in total business filings (4,641), 86.1% greater than second place, FL, M, with 2,494 total business filings.

6. The following are the top 5 district rankings for total filings, chapter 11 filings, and chapter 13 filings for both the 12 and 3-month periods ending 9/30/11.

TOTAL Filings for Period Ending 9/30/11
12-month Period 3-month Period
CA, C 139,882 CA, C 32,931
IL, N 60,976 IL, N 14,171
FL, M 56,972 FL, M 13,345
GA, N 53,825 GA, N 13,064
CA, E 51,481 CA, E 11,963

CH 11 Filings for Period Ending 9/30/11
12-month Period 3-month Period
CA, C 1,172 CA, C 284
NY, S 768 FL. M 144
FL, M 627 NV 117
NV 482 NY, S 111
AZ 474 CA, N 101

CH 13 Filings for Period Ending 9/30/11
12-month Period 3-month Period
CA, C 35,024 CA, C 8,483
GA, N 22,555 GA, N 5,764
IL, N 14,668 IL, N 3,935
FL, M 13,635 TN, W 3,526
CA, N 12,690 FL, M 3,235

November 8, 2011 in Bankruptcy Statistics | Permalink

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Comments

Utah's at the top of the list, why am I not surprised?

Posted by: Tax Crisis Institute | Dec 8, 2011 12:48:05 PM

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