In 2022, Cook County in Illinois registered the highest number of Chapter 13 bankruptcies of any county in the United States with 4,822 non-business and 19 business bankruptcy cases filed.
Chapter 13 bankruptcy is where debtors propose a repayment plan over a three- to five-year period. It is only available to those with sufficient disposable income to service their debts and allows for the debtor to avoid the sale of their assets to repay their outstanding debt.
Counties with the most Chapter 13 bankruptcy filings in the United States in the fiscal year of 2022
The nature of debt is business if the debtor is a corporation or partnership, or if debt related to the operation of a business predominates. Non-business debt includes consumer debt or other debt that the debtor indicates is not consumer debt or business debt.
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US Courts. (September 30, 2022). Counties with the most Chapter 13 bankruptcy filings in the United States in the fiscal year of 2022 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1118461/bankruptcy-filings-us-chapter-13-county/
US Courts. "Counties with the most Chapter 13 bankruptcy filings in the United States in the fiscal year of 2022." Chart. September 30, 2022. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1118461/bankruptcy-filings-us-chapter-13-county/
US Courts. (2022). Counties with the most Chapter 13 bankruptcy filings in the United States in the fiscal year of 2022. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1118461/bankruptcy-filings-us-chapter-13-county/
US Courts. "Counties with The Most Chapter 13 Bankruptcy Filings in The United States in The Fiscal Year of 2022." Statista, Statista Inc., 30 Sep 2022, https://www.statista.com/statistics/1118461/bankruptcy-filings-us-chapter-13-county/
US Courts, Counties with the most Chapter 13 bankruptcy filings in the United States in the fiscal year of 2022 Statista, https://www.statista.com/statistics/1118461/bankruptcy-filings-us-chapter-13-county/ (last visited December 21, 2024)
Counties with the most Chapter 13 bankruptcy filings in the United States in the fiscal year of 2022 [Graph], US Courts, September 30, 2022. [Online]. Available: https://www.statista.com/statistics/1118461/bankruptcy-filings-us-chapter-13-county/
