Recent Data Shows Nevada has Most Per Capita Bankruptcies
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Nevada has the most bankruptcies, Alaska the fewest

October 21, 2010

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Nevada had the most bankruptcy filings per capita

A recent data set compiled by Automated Access to Court Electronic Records (AACER) indicates that Nevada had the most bankruptcies per capita whereas Alaska had the least in the third quarter of 2010.

Nevada had 11.4 bankruptcy filings per 1,000 people, and has held the status of the state with most bankruptcies per capita for two quarters in a row, according to a press release issued by AACER.

The average Alaskan was seven times less likely to file for bankruptcy than the average Nevadan. Alaska had only 1.6 bankruptcy filings per 1,000 residents in this quarter.

Idaho experienced the most drastic change of position in the ranking since last quarter, moving up seven spots since the previous quarter to its current position as 20th state in the ranking, according to the press release.

The data also indicated that the total amount of bankruptcies for the first half of 2010 was about 787,000, which indicated a 13.3 percent increase in bankruptcy filings from the same time last year.

Other states that had many bankruptcy filings and were high in the ranking included Tennessee, Georgia and Indiana, occupying second, third and fourth places, respectively.


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