November 08, 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 | Comments (1) | TrackBack

October 29, 2011

New Data from the Central District of California

October 29, 2011 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

November 08, 2010

October Filings Hold Steady

  2007          2008         2009         %         2010        %
Jan 55,200 70,300 89,000 27% 102,600 15%
Feb 58,800 79,500 102,000 28% 117,800 15%
March 73,100 90,400 131,000 45% 159,200 22%
April 67,800 93,200 128,700 38% 146,200 14%
May 69,900 89,700 120,400 34% 133,500 11%
June 67,300 89,900 124,800 39% 133,850 7%
July  69,100 96,400 130,500 35% 134,600 3%
Aug 77,100 94,300 120,000 27% 135,600 13%
Sept 67,500 96,200 125,500 30% 134,000 7%
Oct 81,200 108,900 130,200 20% 129,700 0%
Nov 74,200 91,400 115,500 26%    
Dec 65,900 95,900 117,000 22%    
  827,100 1,096,100 1,434,600 31% 1,327,050  

Thanks to the Bankruptcy Internet Project.

November 8, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

October 18, 2010

Bankruptcy Filings Level Off - Holding Steady

 TOTAL FILINGS 2007        2008         2009         %        2010          %
Jan 55,200 70,300 89,000 27% 102,600 15%
Feb 58,800 79,500 102,000 28% 117,800 15%
March 73,100 90,400 131,000 45% 159,200 22%
April 67,800 93,200 128,700 38% 146,200 14%
May 69,900 89,700 120,400 34% 133,500 11%
June 67,300 89,900 124,800 39% 133,850 7%
July  69,100 96,400 130,500 35% 134,600 3%
Aug 77,100 94,300 120,000 27% 135,600 13%
Sept 67,500 96,200 125,500 30% 134,000 7%
Oct 81,200 108,900 130,200 20%    
Nov 74,200 91,400 115,500 26%    
Dec 65,900 95,900 117,000 22%    
  827,100 1,096,100 1,434,600 31% 1,197,350  

October 18, 2010 in Bankruptcy Statistics | Permalink | Comments (1) | TrackBack

August 09, 2010

July Filings Hold Steady

2007    2008    2009    %    2010 %
Jan 55,200 70,300 89,000 27% 102,600 15%
Feb 58,800 79,500 102,000 28% 117,800 15%
March 73,100 90,400 131,000 45% 159,200 22%
April 67,800 93,200 128,700 38% 146,200 14%
May 69,900 89,700 120,400 34% 133,500 11%
June 67,300 89,900 124,800 39% 133,850 7%
July  69,100 96,400 130,500 35% 134,600 3%
Aug 77,100 94,300 120,000 27%
Sept 67,500 96,200 125,500 30%
Oct 81,200 108,900 130,200 20%
Nov 74,200 91,400 115,500 26%
Dec 65,900 95,900 117,000 22%
827,100 1,096,100 1,434,600 31% 927,750
Central District of California
2008 2009     % 2010     %
Jan 3,694 6,004 63% 9,013 50%
Feb 3,787 6,971 84% 9,659 39%
March 4,381 8,529 95% 12,840 51%
April 5,023 8,512 69% 12,114 42%
May 5,177 8,967 73% 11,906 33%
June 5,351 9,595 79% 12,190 27%
July  5,983 9,894 65% 12,737 29%
Aug 6,195 9,748 57%
Sept 6,290 9,214 46%
Oct 6,364 10,322 62%
Nov 6,029 9,462 57%
Dec 6,615 9,864 49%
64,889 107,082 65% 80,459
% total 0.059 0.075 0.087

August 9, 2010 in Bankruptcy Statistics | Permalink | Comments (1) | TrackBack

July 12, 2010

Bankruptcy Filings for Second Quarter 2010 pass 400,000

   Total    7 11    12    13
6/30/2010 413,600 302,300 3,311 193 107,824
3/31/2010 379,800 274,700 3,723 162  101,200
12/31/2009 366,000 258,100 3,615 145 104,200
9/30/2009 381,500 270,200 3,525 158 107,600
6/30/2009 375,100 270,700 4,338 131 99,900
3/31/2009 330,500 233,500 3,649 102   93,200
  Total 2009 1,453,100 1,307,200 18,850 698 506,100
12/31/2008 301,300 202,100 3,175 90 95,900
9/30/2008 292,300 195,200 2,712 89 94,300
6/30/2008 276,500 187,400 1,888 85 87,100
3/31/2008 245,700 158,500 2,012 81 85,100
  Total 2008 1,115,800 743,200 9,787 345 362,400
12/31/2007 226,400 137,600 1,793 77 86,900
9/30/2007 218,900 132,000 1,583 71 85,200
6/30/2007 210,400 131,500 1,574 112 77,200
3/31/2007 193,600 117,700 1,406 104 74,400
  Total 2007 849,300 518,800 6,356 364 323,700
Statistics from 3/31/09 back come from US Courts.gov;
from 6/30/09 forward from Bankruptcy Data Project

July 12, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

Filings for June, 2010

Total filings for June 2010 is 133,850.  For the Central District of California, 12,190.

2007    2008    2009    %    2010 %
Jan 55200 70,300 89,000 27% 102,600 15%
Feb 58800 79,500 102,000 28% 117,800 15%
March 90,400 131,000 45% 159,200 22%
April 93,200 128,700 38% 146,200 14%
May 89,700 120,400 34% 133,500 11%
June 89,900 124,800 39% 133,850 7%
July  96,400 130,500 35%
Aug 94,300 120,000 27%
Sept 96,200 125,500 30%
Oct 108,900 130,200 20%
Nov 91,400 115,500 26%
Dec 95,900 117,000 22%
1,096,100 1,434,600 31%
Central District of California
    2008     2009    %     2010     %
Jan 3,694 6,004 63% 9,013 50%
Feb 3,787 6,971 84% 9,659 39%
March 4,381 8,529 95% 12,840 51%
April 5,023 8,512 69% 12,114 42%
May 5,177 8,967 73% 11,906 33%
June 5,351 9,595 79% 12,190 27%
July  5,983 9,894 65%
Aug 6,195 9,748 57%

July 12, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

June 08, 2010

Central District Filings

  2008   2009     %     2010 %
Jan 3,694 6,004 63% 9,013 50%
Feb 3,787 6,971 84% 9,659 39%
March 4,381 8,529 95% 12,840 51%
April 5,023 8,512 69% 12,114 42%
May 5,177 8,967 73% 11,906 33%
June 5,351 9,595 79%

June 8, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

Bankruptcy Filings May, 2010

Thanks to Bankruptcy Data Project.

2008    2009     %     2010   %
Jan 70,300 89,000 27% 102,600 15%
Feb 79,500 102,000 28% 117,800 15%
March 90,400 131,000 45% 159,200 22%
April 93,200 128,700 38% 146,200 14%
May 89,700 120,400 34% 133,500 11%
June 89,900 124,800 39%
July  96,400 130,500 35%
Aug 94,300 120,000 27%
Sept 96,200 125,500 30%
Oct 108,900 130,200 20%
Nov 91,400 115,500 26%
Dec 95,900 117,000 22%
1,096,100 1,434,600 31%

June 8, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

May 21, 2010

UST Report on Bankruptcy Audits

Here is the report dated March, 2010.  There were material misrepresentations in 22% of the total cases audited, 27% in the Central District.   

May 21, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

May 16, 2010

Bankruptcy Filings by District

Here is a great chart on 2010 filings by district, created by Prof. Bob Lawless.  His entire article and many others can be found at Creditslips.com.  Remember, the Central District is up 45% for this year. 

May 16, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

May 10, 2010

Central District Filings

In March and April, 2010 combined, there were 305,000 total bankruptcy petition filed throughout the country.  Of that total, the Central District of California had 24,950 or about one-twelfth of the total.  The Central District is one of 95 districts.  The Central District has had 43,626 petitions filed this year through April compared to 30,016 for the same four months last year or up 45%.  No wonder I'm so tired. 

May 10, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

Bankruptcy Filings Continue to Increase

Statistics thanks to the Bankruptcy Data Project:

2008 2009 % 2010 %
Jan 70,300 89,000 27% 102,600 15%
Feb 79,500 102,000 28% 117,800 15%
March 90,400 131,000 45% 159,200 22%
April 93,200 128,700 38% 146,200 14%
May 89,700 120,400 34%
June 89,900 124,800 39%
July  96,400 130,500 35%
Aug 94,300 120,000 27%
Sept 96,200 125,500 30%
Oct 108,900 130,200 20%
Nov 91,400 115,500 26%
Dec 95,900 117,000 22%
1,096,100 1,434,600 31%

May 10, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

April 04, 2010

Some Quarterly Filing Statistics

   Total 7     11   12     13
3/31/2010 378,400      
12/31/2009 366,000 258,100 3,615 145 104,200
9/30/2009 381,500 270,200 3,525 158 107,600
6/30/2009 375,100 270,700 4,338 131 99,900
3/31/2009 330,500 233,500 3,649 102   93,200
  Total 2009 1,453,100 1,032,500 15,127 536 404,900
12/31/2008 301,300 202,100 3,175 90 95,900
9/30/2008 292,300 195,200 2,712 89 94,300
6/30/2008 276,500 187,400 1,888 85 87,100
3/31/2008 245,700 158,500 2,012 81 85,100
  Total 2008 1,115,800 743,200 9,787 345 362,400
12/31/2007 226,400 137,600 1,793 77 86,900
9/30/2007 218,900 132,000 1,583 71 85,200
6/30/2007 210,400 131,500 1,574 112 77,200
3/31/2007 193,600 117,700 1,406 104 74,400
  Total 2007 849,300 518,800 6,356 364 323,700
Statistics from 3/31/09 back come from US Courts.gov;
from 6/30/09 forward from Bankruptcy Data Project

April 4, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

News Flash - Monthly Filings Increase

       2008   2009       %   2010 %
Jan 70,300 89,000 27% 102,600 15%
Feb 79,500 102,000 28% 117,800 15%
March 90,400 131,000 45% 158,000 21%
April 93,200 128,700 38%
May 89,700 120,400 34%
June 89,900 124,800 39%
July  96,400 130,500 35%
Aug 94,300 120,000 27%
Sept 96,200 125,500 30%
Oct 108,900 130,200 20%
Nov 91,400 115,500 26%
Dec 95,900 117,000 22%
1,096,100 1,434,600 31%

April 4, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

March 02, 2010

Administrative Office Report on Bankruptcy Filings

This report, dated today, has a lot of nice information, especially bankruptcy filings by quarter for the past 12 years or so.  You can access the report here.  Guess what?  Bankruptcy filings are rising.  2009 was up 73% from 2007.  Chapter 13 filings are up only 25% from 2007 to 2009 - so much for BAPCPA.   

March 2, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

February 08, 2010

January Filings

There were 102,600 total bankruptcy filings in January 2010.  This compares to 117,000 in December, 115,500 in November, and 130,200 in October, 2009.  The rest of the year is: 125,500 September; 120,000 in August; 130,500 in July; 124,800 in June; 120,400 in May; 128,700 in April, 131,000 in March, 102,000 in February and 89,000 in January.  That is 12% less than December but 15% higher than January a year ago.    

February 8, 2010 in Bankruptcy Statistics | Permalink | Comments (2) | TrackBack

January 05, 2010

December Filings

The LA Times reported 116,000 total bankruptcy filings in December, 2009.  This compares to 115,500 in November, and 130,200 in October, 2009.  The rest of the year is: 125,500 September; 120,000 in August; 130,500 in July; 124,800 in June; 120,400 in May; 128,700 in April, 131,000 in March, 102,000 in February and 89,000 in January.

Total filings 2009; 1,446,000
Total filings 2008; 1,096,000
Total filings 2007;    827,000

Last December was 95,900 total for the month. 

I had a hearing yesterday in Bankruptcy Court Woodland Hills.  In the clerk's office at 10:00 a.m., all five windows were open helping people and there were at least 25 people in line.  

January 5, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

December 12, 2009

Central District Filings for November

From Prof. Lawless' data base, the Bankruptcy Data Project:

Filings by chapter in the Central District of California in November, 2009:  Note:  November had 19 business days, October had 21. 

CACB

ch 7; 7,167

ch 11; 84

ch 13; 2,201

total; 9,452

Filings by chapter in the Central District of California in October, 2009:

CACB

ch 7; 7,839

ch 11; 107

ch 13; 2,366

total; 10,314

 

This compares to 9,089 total in September, 9,740 in August, and 9,886 filings in July, 9,578 in June, 8,965 in May, 8,398 in April, 8,518 in March, 6,967 in February and 5,999 in January. 

Chapter 13s were 2,025, in September, 2,180 in August, 2,053 in July, 2,291 in June, 1,988 in May.  Chapter 13 trustees received 440 new petitions each in November.

Total Central District filings in November by the way were more than double the entire state of New York,  9,452 to 4,368 and roughly double the entire state of Texas, 9,452 to 4,804.  So about the same as the Texas and New York combined.   

December 12, 2009 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

December 09, 2009

November Filings Down

Total bankruptcy filings for November, 2009 were 115,500, down 11.4% from October, 2009, 130,200, which was up 3.7% from September, 2009, 125,500.  Compare 120,000 in August; 130,500 in July; 124,800 in June; 120,400 in May; 128,700 in April, 131,000 in March, 102,000 in February and 89,000 in January.

Total filings Jan through November, 2009; 1,330,020
Total filings Jan through November, 2008; 1,000,200
Total filings Jan through November, 2007;    761,200

The "year ago" figures are finally starting to catch up.  For instance, filings in November 2008 were 91,400, not that far behind November, 2009 (although still 26% more than 2008).   

Thanks to the Bankruptcy Data Project. 

December 9, 2009 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack