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map Indiana's Economy

Total Bankruptcies over TimeNumberRankRate per 1,000 PeopleRank
201624,207123.657
201526,600104.026
201429,235104.436
201333,846105.155
201236,181105.536
201139,336106.047
201047,304107.304
200948,238107.474
200839,305106.125
200731,122104.884
200622,234113.514
Change 2006 to 20161,973210.1431

Note: A new bankruptcy law went into effect in the fall of 2005 that made filing for bankruptcy more difficult.
Source: Administrative Office of the U.S. Courts

Bankruptcy by Chapter and Type in Qtr:3 of 2017NumberRankPercent
Distribution
Rank
Business Bankruptcy
Total8820100.0 %
Chapter 7472053.4 %41
Chapter 11231626.1 %16
Chapter 123133.4 %18
Chapter 13151117.0 %7
Personal Bankruptcy
Total5,88012100.0 %
Chapter 73,854965.5 %32
Chapter 114160.1 %15
Chapter 132,0221534.4 %20

Note: A new bankruptcy law went into effect in the fall of 2005 that made filing for bankruptcy more difficult; therefore the numbers may fluctuate more than they have in the past.
Source: Administrative Office of the U.S. Courts