Bankruptcy Filing Trends in Kentucky

Prepared by: The American Bankruptcy Institute

http://www.abi.org/
Narrated By: Ed Flynn

October 2016

Total Bankruptcy Cases Filed in Kentucky

Calendar Years 1990 - 2015

50,000

40,274

40,000

30,000

25,221
15,429

20,000

10,000

Total Filings Relative to Population 1990 - 2015

More than 25%
Above Average

Within 25%
of Average

Kentuck
y
20%
Above
Average

D.C.

Puerto Rico

More than 25%

Below Average

Bankruptcy Filings per 1,000

Population
Kentucky vs. National Average
1990 - 2015

Chapter 7 Cases Filed In Kentucky

Calendar Years 1990 - 2015

40,000

34,345

30,000

19,115

20,000

10,650

10,000

8,397

Chapter 11 Cases Filed in Kentucky

1990 - 2015
250
220

200

150
101

100
71

50

7,500

Chapter 13 Cases Filed in Kentucky

1990 - 2015
6,132

6,000

4,500

3,000

1,500

4,696

Percent of Cases Filed as Chapter

13
Calendar Years 1990 - 2015

12.0%

Unemployment Rate By Quarter

2006 - 2016

10.0%
8.0%
6.0%
4.0%
2.0%
0.0%

National
Source: Bureau of Labor Statistics

Kentucky

Percent Change in Total Filings

June 2016 Compared to September 2010
(National Average = 49%
Decrease)

-40%

D.C. Puerto Rico

Amount of Decrease
Under 40%

40.0% 59.9%

60.0% or More

20.0%

Filing Trends By Quarter Kentucky vs.

National Average
(Percent Change From Same Quarter
One Year Prior)

15.0%
10.0%
5.0%
0.0%
-5.0%
-10.0%
-15.0%
-20.0%

Kentucky

National

Bankruptcy Filing Trends

Percent Change 1st Six Months 2016

National Average = 5.9% Decrease

Decline over 10%

Decline 5 10%

Decline 0-5%

+.1%

D.C. Puerto
Rico

Increase

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