Between 1980 and 2018, 54 cities, villages, or counties in the United States filed for Chapter 9 bankruptcy.
Chapter 9 bankruptcy allows for financially distressed municipalities to reorganize outstanding debt with their creditors. Municipality is broadly defined, including cities, counties, townships, school districts, and public improvement districts, as well as revenue-producing bodies such as bridge and highway authorities.
Number of Chapter 9 municipality bankruptcy filings in the United States between 1980 and 2018, by type of municipality
Chapter 9 bankruptcy allows for financially distressed municipalities to reorganize outstanding debt with their creditors. Municipality is broadly defined, including cities, counties, townships, school districts, and public improvement districts, as well as revenue-producing bodies such as bridge and highway authorities.
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Website (muninetguide.com). (June 14, 2018). Number of Chapter 9 municipality bankruptcy filings in the United States between 1980 and 2018, by type of municipality [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1118577/bankruptcy-chapter-9-bankruptcies-municipality-type/
Website (muninetguide.com). "Number of Chapter 9 municipality bankruptcy filings in the United States between 1980 and 2018, by type of municipality." Chart. June 14, 2018. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1118577/bankruptcy-chapter-9-bankruptcies-municipality-type/
Website (muninetguide.com). (2018). Number of Chapter 9 municipality bankruptcy filings in the United States between 1980 and 2018, by type of municipality. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1118577/bankruptcy-chapter-9-bankruptcies-municipality-type/
Website (muninetguide.com). "Number of Chapter 9 Municipality Bankruptcy Filings in The United States between 1980 and 2018, by Type of Municipality." Statista, Statista Inc., 14 Jun 2018, https://www.statista.com/statistics/1118577/bankruptcy-chapter-9-bankruptcies-municipality-type/
Website (muninetguide.com), Number of Chapter 9 municipality bankruptcy filings in the United States between 1980 and 2018, by type of municipality Statista, https://www.statista.com/statistics/1118577/bankruptcy-chapter-9-bankruptcies-municipality-type/ (last visited December 22, 2024)
Number of Chapter 9 municipality bankruptcy filings in the United States between 1980 and 2018, by type of municipality [Graph], Website (muninetguide.com), June 14, 2018. [Online]. Available: https://www.statista.com/statistics/1118577/bankruptcy-chapter-9-bankruptcies-municipality-type/
