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Tuesday, May 20, 2008

bankruptcy statistics for the Northern District of Illinois

2008 Jan Feb Mar Apr Total






Ch7 1602 1951 2296 2502 8351
Ch11 10 10 11 47 78
Ch13 964 962 961 1124 4011






Total 2576 2923 3268 3673 12440






increase 35% 37% 29% 54%
from 2007





Here are recently published figures for bankruptcy filings for Chapter 7, Chapter 11, Chapter 13 in the Northern District of Illinois. (no chapter 12 cases were filed)
As you can see, the numbers have bounced back and increased significantly over last years figures. This can be associated with increased foreclosures, downturn in the economy, and the increasing unemployment rate.
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