business bankruptcy filings source: administrative office of the u.s. courts

Business Bankruptcy FilingsBusiness Bankruptcy FilingsBusiness Bankruptcy FilingsBusiness Bankruptcy Filings64

,004

71,2

77 81,2

35

82,4

46

63,8

53

63,2

35

64,8

53

71,5

49

70,6

43

38,

10

9

62,3

04

52,3

74

51,9

59

53,5

49

54,0

27

37,

88

4

44,3

67

1984 1986 1988 1990 1992 1994 1996 1998 2000

Source: Administrative Office of the U.S. Courts

Personal Bankruptcy FilingsPersonal Bankruptcy FilingsPersonal Bankruptcy FilingsPersonal Bankruptcy Filings

1,2

63

55

0 61

6 71

8

87

2

90

1

81

3

78

0 87

5

1,1

25 1,3

50

1,3

98

1,2

82

1988 1990 1992 1994 1996 1998 2000


Thousands

Personal Bankruptcy FilingsPersonal Bankruptcy Filings

0

200

400

600

800

1,000

1,200

1,400

1,600

1940 1950 1960 1970 1980 1990 2000

Thousands

The BankruptcyReform Act of 1978


Households Filing for Bankruptcy*Households Filing for Bankruptcy*

0.0

0.2

0.4

0.6

0.8

1.0

1.2

1.4

1.6

1940 1950 1960 1970 1980 1990

Percent

The BankruptcyReform Act of 1978

Source: Administrative Office of U.S. Courts; U.S. Department of the Census

* Personal bankruptcies divided by the number of households

0

500

1,000

1,500

1981 1983 1985 1987 1989 1991 1993 1995 1997 1999

Personal Bankruptcy FilingsPersonal Bankruptcy FilingsPersonal Bankruptcy FilingsPersonal Bankruptcy Filings


ThousandsR

ecessio

n P

eri

od

Recessio

n P

eri

od

Quarterly Bankruptcy FilingsQuarterly Bankruptcy FilingsQuarterly Bankruptcy FilingsQuarterly Bankruptcy Filings

309

322

312

319

324

336

322

343

351

362

342

335

340

353

321

298

290

283

253

1996 1997 1998 1999 2000 Q1


Thousands

Quarterly Personal Bankruptcy FilingsQuarterly Personal Bankruptcy FilingsQuarterly Personal Bankruptcy FilingsQuarterly Personal Bankruptcy Filings


Thousands

200 222

221

232 253 283

290

298 321 353

340

335

342

362

351

343

322

336

315

310

303

317

301

1995 1996 1997 1998 1999 2000

Consumer Credit vs.Consumer Credit vs.Personal BankruptciesPersonal BankruptciesConsumer Credit vs.Consumer Credit vs.

Personal BankruptciesPersonal Bankruptcies

0

500

1,000

1,500

1986 1988 1990 1992 1994 1996 1998 2000

Ban

krup

tcie

s

0

300

600

900

1,200

1,500

Consum

er Credit

$ BillionsThousands

Consumer Credit

Source: Federal Reserve; Administrative Office of the U.S. Courts

Consumer Credit Growth vs.Consumer Credit Growth vs.Personal BankruptciesPersonal Bankruptcies

Consumer Credit Growth vs.Consumer Credit Growth vs.Personal BankruptciesPersonal Bankruptcies

0

300

600

900

1,200

1,500

1986 1988 1990 1992 1994 1996 1998 2000

Ban

krup

tcie

s

-2%

1%

4%

7%

10%

13%

16%

Consum

er Credit

Thousands

Consumer Credit Growth

Source: Federal Reserve; Administrative Office of the U.S. Courts

Percentage of Families Holding Percentage of Families Holding Debt vs. Personal BankruptciesDebt vs. Personal BankruptciesPercentage of Families Holding Percentage of Families Holding Debt vs. Personal BankruptciesDebt vs. Personal Bankruptcies

0

300

600

900

1,200

1,500

1983 1986 1989 1992 1995 1998

Ban

krup

tcie

s

0%

20%

40%

60%

80%

Fam

ilies in Debt

Thousands

Sources: Federal Reserve & Administrative Office of the U.S. Courts

Percentage of Families With Credit Card Percentage of Families With Credit Card Debt vs. Personal BankruptciesDebt vs. Personal Bankruptcies

Percentage of Families With Credit Card Percentage of Families With Credit Card Debt vs. Personal BankruptciesDebt vs. Personal Bankruptcies

0

350

700

1,050

1,400

1983 1986 1989 1992 1995 1998

Ban

krup

tcie

s

0%

10%

20%

30%

40%

50%Thousands

Sources: Federal Reserve & Administrative Office of the U.S. Courts

Fam

ilies w

ith C

redit C

ard

Debt

Employment vs. Employment vs. Personal BankruptciesPersonal Bankruptcies

Employment vs. Employment vs. Personal BankruptciesPersonal Bankruptcies

0

300

600

900

1,200

1,500

1986 1988 1990 1992 1994 1996 1998 2000

Ban

krup

tcie

s

90

100

110

120

130

140

150

Jobs

Thousands Millions

Jobs

Source: Administrative Office of the U.S. Courts and Bureau of Labor Statistics

Unemployment Rate vs. Unemployment Rate vs. Personal BankruptciesPersonal Bankruptcies

Unemployment Rate vs. Unemployment Rate vs. Personal BankruptciesPersonal Bankruptcies

0

300

600

900

1,200

1,500

1986 1988 1990 1992 1994 1996 1998 2000

Ban

kru

ptci

es

0%

2%

4%

6%

8%

Source: Administrative Office of the U.S. Courts and Bureau of Labor Statistics

Thousands Unemployment Rate

Real GDP Growth Real GDP Growth vs. Personal Bankruptciesvs. Personal Bankruptcies

Real GDP Growth Real GDP Growth vs. Personal Bankruptciesvs. Personal Bankruptcies

0

300

600

900

1,200

1,500

1988 1990 1992 1994 1996 1998 2000

Ban

krup

tcie

s

-2%

0%

2%

4%

6%

GDP Growth

Thousands

Sources: Survey of Current Business and Administrative Office of the U.S. Courts

3-Month Treasury Bill Rates 3-Month Treasury Bill Rates vs. Personal Bankruptciesvs. Personal Bankruptcies

3-Month Treasury Bill Rates 3-Month Treasury Bill Rates vs. Personal Bankruptciesvs. Personal Bankruptcies

0

300

600

900

1,200

1,500

1986 1988 1990 1992 1994 1996 1998 2000

Ban

krup

tcie

s

0%

2%

4%

6%

8%

10%

T-Bill Rates

Thousands

Sources: Federal Reserve Bulletin and Administrative Office of the U.S. Courts

Total Debt Service Payments to Total Debt Service Payments to Disposable Income vs. Personal Disposable Income vs. Personal

BankruptciesBankruptcies

Total Debt Service Payments to Total Debt Service Payments to Disposable Income vs. Personal Disposable Income vs. Personal

BankruptciesBankruptcies

0

300

600

900

1,200

1,500

1986 1988 1990 1992 1994 1996 1998 2000

Ban

kru

ptci

es

14%

15%

16%

17%

18%

Debt S

ervice Paym

ents

Thousands

Sources: Federal Reserve and Administrative Office of the U.S. Courts

Service Payments/Disposable Income

Quarterly Personal BankruptciesChapter 7 vs. Chapter 13

Quarterly Personal BankruptciesChapter 7 vs. Chapter 13

0

50

100

150

200

250

300

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

Th

ousa

nds

Chapter 7

Chapter 13


Bankruptcy Filings of Publicly Traded Companies

Bankruptcy Filings of Publicly Traded Companies

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

100,000

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

0

20

40

60

80

100

120

140

160

180

200Assets Number of Companies

Ass

ets

($

in

mill

ion

s)N

um

ber o

f Com

pan

ies

Source: www.BankruptcyData.com

business bankruptcy filings source: administrative office of the u.s. courts

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