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Title 11 of the United States Code |
Title 11 of the United States Code outlines the role of Bankruptcy in the United States Code.
Contents |
Bankruptcy filings by individuals:
Bankruptcy filings by businesses:
The total number of bankruptcies rose 7.4 percent over the previous twelve months. These totals were for the 12-month period ending September 30, 2003.
Source: November 14 2003 News Release, Administrative Office of the U.S. Courts. (External link to PDF file: [1])
TOTAL bankruptcies:
Bankruptcy cases filed in federal courts fell 2.6 percent in fiscal year 2004 according to the Administrative Office of the U.S. Courts. During the 12-month period ending September 30, 2004, 1,618,987 bankruptcies were filed, down from the 1,661,996 bankruptcy cases filed in fiscal year 2003.
Source: November 14 2003 News Release, Administrative Office of the U.S. Courts. (External link to PDF file: [2])
| Title 11 of the United States Code | |||
|---|---|---|---|
| 2003 Filings | 2004 Filings | ||
| Individuals | Businesses | Total | |
| Chapter 7 | 1,156,284 | 21,008 | 1,153,865 |
| Chapter 11 | 959 | 9,185 | 10,368 |
| Chapter 12 | 0 | 698 | 238 |
| Chapter 13 | 468,562 | 5,201 | 454,412 |
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