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Whether it’s your own finances or a business you’ve helped build, making the decision to file for bankruptcy is never easy. But in many cases it’s the best option available, and when done correctly, it can give you or your company the fresh start you need to move forward instead of continuing to struggle and backslide.
The statistics below can help you understand how bankruptcy is impacting individuals, families and businesses in the U.S. today. If you’re struggling with debt and need help, call us or complete the form to the right to connect with the expert assistance you need.
Total number bankruptcy filings in the first quarter of 2014 — 238,708 [1]
Out of that total: [1]
Bankruptcy filings per Chapter, business and personal: [1]
Fewer bankruptcies were filed in 2013 than were filed 2012. [1]
Number of years the negative item from a bankruptcy will remain on your credit: [1]
Credit score impact of bankruptcy: [2]
Article last modified on January 3, 2019. Published by Debt.com, LLC . Mobile users may also access the AMP Version: Bankruptcy Statistics - AMP.
