0.50M
2025 (latest)
CONSUMER BANKRUPTCIES
thousands of consumers with a new bankruptcy notation per year · 2003–2025 · lower is better · Federal Reserve Bank of New York, Household Debt and Credit Report (Consumer Credit Panel/Equifax)
2.30M
2003
2.74M
high · 2005
0.38M
low · 2022
−78%
since 2003
┊ dashed lines mark 2008 Global financial crisis · 2020 COVID-19 pandemic
Method & caveats. Number of consumers with a new bankruptcy notation on their credit file, summed across the four quarters of each year, from the New York Fed Consumer Credit Panel. The spike and collapse around October 2005 is the BAPCPA bankruptcy-reform filing rush. Only full years are included. US Courts' Table F-2 filing counts are the administrative alternative; this panel series is used because it is one machine-readable file back to 2003.
Sources
Every value on this page is read from the publisher below. Current and historical source documents:
- https://www.newyorkfed.org/microeconomics/hhdc
- https://github.com/danielmiessler/substrate/tree/main/Data/US-Societal-Health
Data
| Year | Consumer Bankruptcies | Change |
|---|---|---|
| 2025 | 0.50M | −1% |
| 2024 | 0.51M | +14% |
| 2023 | 0.45M | +16% |
| 2022 | 0.38M | −10% |
| 2021 | 0.43M | −26% |
| 2020 | 0.58M | −29% |
| 2019 | 0.81M | −1% |
| 2018 | 0.83M | −1% |
| 2017 | 0.84M | −1% |
| 2016 | 0.85M | −12% |
| 2015 | 0.96M | −13% |
| 2014 | 1.10M | −20% |
| 2013 | 1.38M | −6% |
| 2012 | 1.46M | −17% |
| 2011 | 1.76M | −17% |
| 2010 | 2.11M | +8% |
| 2009 | 1.94M | +25% |
| 2008 | 1.55M | +27% |
| 2007 | 1.22M | +21% |
| 2006 | 1.01M | −63% |
| 2005 | 2.74M | +24% |
| 2004 | 2.22M | −4% |
| 2003 | 2.30M | — |
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