Post on 20-Jan-2016
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
Source: Administrative Office of the U.S. Courts
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
Source: Administrative Office of the U.S. Courts
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
Source: Administrative Office of the U.S. Courts
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
Source: Administrative Office of the U.S. Courts
Thousands
Quarterly Personal Bankruptcy FilingsQuarterly Personal Bankruptcy FilingsQuarterly Personal Bankruptcy FilingsQuarterly Personal Bankruptcy Filings
Source: Administrative Office of the U.S. Courts
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
Source: Administrative Office of the U.S. Courts
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