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AIS INSIGHT2014 YEAR IN REVIEW
SPECIAL EDITION
ABOUT AIS INSIGHTAIS InSight is a proprietary report created by American
InfoSource using data derived solely from information
obtained from the Federal Bankruptcy Court System
and the latest in bankruptcy analytical tools.
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American InfoSource is your resource for industry analytics, trends, and insider information.
CONTENTS
Bankruptcy Filings & Projected Filing Trends 2
Bankruptcy Statistics Snapshot 3
Top 25 Creditors Listed in Bankruptcies - Chart 4
Top 50 Creditors Listed in Bankruptcies - Table 5
Top 50 Creditors Filing Claims and Amount Filed 7
Top 25 Creditors Actively Filing Claims 12 Top 25 Creditors Actively Filing Claims in Dollar Amount 13
About American InfoSource 14
Starting in 2015, AIS InSight will be produced monthly to help you stay up to speed on the latest statistics affecting your industry and your business.
PRODUCT SPOTLIGHT
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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Bankruptcy Filings & Projected Filing Trends
Bankruptcies
About this chart
Source: American InfoSource Internal Statistics
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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Total Bankruptcies Filed 909,968 Total Bankruptcies Filed Previous Year 1,032,730
Chapter 13 297,975 Change in Bankruptcies from Previous Year Total -122,762
Chapter 7 604,986 Change from Previous Year Total (%) -11.89%
Bankruptcy Statistics Snapshot2014
This chart shows Ch7 & Ch13 bankruptcies filed over a five-year period
About this chart
Source: American InfoSource Internal Statistics
Chapter 7
Chapter 13
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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Top 25 Creditors Listed in Bankruptcies
About this graph
Source: American InfoSource Internal Statistics
Graph shows Top 25 listed creditors and the estimated amount of bankruptcies each creditor is listed on.
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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Continued on next page
About this table
Rank Creditor Cases Listings
1 CAPITAL ONE 394,813 599,833
2 GENERAL ELECTRIC GE (RETAIL) 352,302 1,102,112
3 INTERNAL REVENUE SERVICE 341,556 559,085
4 CHASE 319,798 480,752
5 CITIBANK 302,880 581,727
6 BANK OF AMERICA 249,524 380,507
7 WELLS FARGO 207,803 321,192
8 HSBC 194,876 314,010
9 ENCORE CAPITAL GROUP 191,293 252,653
10 DISCOVER FINANCIAL SVCS 160,254 200,019
Rank Creditor Cases Listings
11 GOVERNMENT (NON IRS), STATE & LOCAL 156,956 202,391
12 COMPUCREDIT 143,649 190,996
13 PORTFOLIO RECOVERY ASSOCIATES,LLC 143,319 186,717
14 VERIZON 126,622 163,685
15 TARGET 114,309 138,690
16 ENHANCED RECOVERY CORPORATION 108,532 120,091
17 MACYS 106,642 138,921
18 AT & T 105,603 136,052
19 AMERICAN EXPRESS 104,820 136,950
20 FIRST PREMIER 103,284 122,658
Table depicts top 50 creditors currently listed in Bankruptcies, amount of cases listed on, and the number of times the creditor name occurs.
Top 50 Creditors Listed in Bankruptcies For Bankruptcies Filed Between 1/1/2014 and 12/31/2014
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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Rank Creditor Cases Listings
21 KOHLS 102,996 114,691
22 NCO GROUP, INC 101,666 131,604
23 WORLD FINANCIAL NETWORK NATIONAL BANK / WFNNB 97,848 146,339
24 SALLIE MAE 95,932 125,310
25 US BANCORP 87,988 119,056
26 CREDIT ONE BANK 77,563 89,243
27 RESURGENT / SHERMAN / LVNV 74,533 93,939
28 AT & T WIRELINE 68,168 83,645
29 GMAC 67,671 78,336
30 SANTANDER CONSUMER USA 67,506 78,855
31 AFNI 67,336 76,949
32 IC SYSTEMS 66,744 74,747
33 CAVALRY PORTFOLIO SERVICES 63,825 80,509
34 SPRINT 61,867 72,030
35 CREDIT COLLECTION SERVICES 57,784 64,657
Rank Creditor Cases Listings
36 BARCLAYS BANK 56,874 69,608
37 COMCAST 54,724 63,631
38 CITIFINANCIAL 53,730 71,575
39 TD BANKNORTH NA 51,201 56,316
40 BLUESTEM BRANDS 50,188 62,005
41 T-MOBILE 50,013 57,438
42 CLIENT SERVICES INC. 46,785 48,575
43 DIRECTV LLC 46,387 51,739
44 ASSET ACCEPTANCE 45,779 55,042
45 SQUARETWO FINANCIAL 43,545 53,324
46 SPRINGLEAF FINANCIAL SERVICES 42,811 54,997
47 NORTHLAND GROUP 42,804 46,968
48 PAY PAL BUYER CREDIT 41,155 48,929
49 OCWEN FEDERAL BANK/OCWEN LOAN SERVICING LLC 39,605 47,525
50 CREDIT PROTECTION ASSOCIATION 39,464 43,398
Totals 8,590,021About this table
Table depicts top 50 creditors currently listed in Bankruptcies, amount of cases listed on, and the number of times the creditor name occurs.
Top 50 Creditors Listed in Bankruptcies For Bankruptcies Filed Between 1/1/2014 and 12/31/2014
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
1 AMERICAN INFOSOURCE 215,297 352,125 $1,020,226,630.46 $2,897.34
2 PORTFOLIO RECOVERY ASSOCIATES,LLC 101,246 210,089 $547,832,679.85 $2,607.62
3 RESURGENT / SHERMAN / LVNV 90,475 149,677 $1,990,070,703.04 $13,295.77
4 QUANTUM3 GROUP 79,200 143,058 $201,500,240.28 $1,408.52
5 INTERNAL REVENUE SERVICE 96,834 100,423 $2,499,600,483.72 $24,890.72
6 CAPITAL ONE 68,354 96,806 $309,182,042.50 $3,193.83
7 WELLS FARGO 62,964 85,225 $6,029,745,012.16 $70,750.89
8 JEFFERSON CAPITAL SYSTEMS 52,704 75,836 $397,467,567.68 $5,241.15
9 BECKET AND LEE LLP 51,452 68,018 $363,718,380.98 $5,347.38
10 ENCORE CAPITAL GROUP 44,127 65,028 $191,691,598.79 $2,947.83
Top 50 Creditors Filing Claims and Amount Filed For Proof of Claims Dates Between 1/1/2014 and 12/31/2014
Continued on next pageAbout this table
Table depicts Top 50 Creditors actively filing claims and estimated dollar amount filed for the claims.
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
11 DISCOVER FINANCIAL SVCS 41,194 47,679 $319,773,567.25 $6,706.80
12 RECOVERY MANAGEMENT SYSTEMS CORPORATION 30,307 47,543 $94,684,723.72 $1,991.56
13 CITIBANK 33,208 43,028 $417,602,530.89 $9,705.37
14 CAVALRY PORTFOLIO SERVICES 35,667 42,357 $177,785,522.02 $4,197.31
15 AMERICAN EXPRESS 29,590 40,542 $312,675,065.18 $7,712.37
16 GENERAL ELECTRIC GE (RETAIL) 27,255 39,926 $176,404,919.24 $4,418.30
17 AT & T 34,733 39,798 $29,115,324.56 $731.58
18 VERIZON 28,119 35,446 $26,719,100.67 $753.80
19 FIRST PREMIER 23,669 30,038 $19,174,946.13 $638.36
20 CHARTER BANK 23,158 29,359 $15,582,601.95 $530.76
Top 50 Creditors Filing Claims and Amount Filed For Proof of Claims Dates Between 1/1/2014 and 12/31/2014
Continued on next pageAbout this table
Table depicts Top 50 Creditors actively filing claims and estimated dollar amount filed for the claims.
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
21 CREDITORS BANKRUPTCY SERVICE 16,328 28,935 $27,320,865.61 $944.22
22 AT & T WIRELINE 27,902 28,505 $14,469,794.92 $507.62
23 ASSET ACCEPTANCE 21,911 28,092 $188,691,959.91 $6,716.93
24 CHASE 22,842 27,725 $1,792,478,421.53 $64,652.06
25 BANK OF AMERICA 20,806 25,130 $2,593,257,993.22 $103,193.71
26 SANTANDER CONSUMER USA 23,471 24,820 $432,104,931.59 $17,409.55
27 DIRECTV LLC 24,116 24,609 $12,482,107.53 $507.22
28 SPRINT 21,484 21,914 $412,712,876.31 $18,833.30
29 GOVERNMENT (NON IRS), STATE & LOCAL 19,149 21,181 $188,028,583.10 $8,877.23
30 T-MOBILE 17,801 21,010 $11,485,190.73 $546.65
Top 50 Creditors Filing Claims and Amount Filed For Proof of Claims Dates Between 1/1/2014 and 12/31/2014
Continued on next pageAbout this table
Table depicts Top 50 Creditors actively filing claims and estimated dollar amount filed for the claims.
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
31 US BANCORP 14,860 19,847 $1,726,195,267.21 $86,975.12
32 SFC 16,709 19,626 $284,786,199.30 $14,510.66
33 SALLIE MAE 13,344 19,309 $372,042,188.39 $19,267.81
34 RJM ACQUISITIONS, LLC 15,233 18,745 $3,712,013.47 $198.03
35 MACYS 15,587 18,691 $30,093,153.70 $1,610.03
36 WORLD FINANCE CORP 15,420 18,066 $24,006,075.60 $1,328.80
37 TD BANKNORTH NA 16,496 17,681 $112,757,244.09 $6,377.31
38 AT & T MOBILITY 17,120 17,167 $16,562,984.11 $964.82
39 WEINSTEIN & RILEY, P.S. 12,664 16,837 $463,708,912.37 $27,541.07
40 HSBC 13,864 16,792 $790,546,540.28 $47,078.76
Top 50 Creditors Filing Claims and Amount Filed For Proof of Claims Dates Between 1/1/2014 and 12/31/2014
Continued on next pageAbout this table
Table depicts Top 50 Creditors actively filing claims and estimated dollar amount filed for the claims.
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
41 SPRINGLEAF FINANCIAL SERVICES 15,191 16,269 $122,703,968.64 $7,542.19
42 EDUCATIONAL CREDIT MANAGEMENT CORPORATION 13,778 15,777 $575,841,019.33 $36,498.77
43 CAPITAL ONE AUTO 14,110 14,684 $205,996,835.51 $14,028.66
44 ECAST SETTLEMENT CORPORATION 9,747 14,395 $77,152,997.56 $5,359.71
45 NELNET 11,624 12,699 $359,041,820.99 $28,273.24
46 USA FUNDS, INC. 9,489 12,382 $256,901,927.71 $20,748.02
47 GALAXY ASSET MANAGEMENT, LLC 10,131 12,049 $36,875,648.78 $3,060.47
48 GMAC AUTO 11,190 11,992 $202,728,871.64 $16,905.34
49 MERRICK BANK 11,087 11,701 $15,481,450.04 $1,323.09
50 GREEN TREE SERVICING, LLC 10,898 11,536 $1,126,591,651.07 $97,658.78
Totals 2,310,167 $27,617,313,135.31 $11,954.68
Top 50 Creditors Filing Claims and Amount Filed For Proof of Claims Dates Between 1/1/2014 and 12/31/2014
About this table
Table depicts Top 50 Creditors actively filing claims and estimated dollar amount filed for the claims.
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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About this graph
Source: American InfoSource Internal Statistics
Graph shows Top 25 Creditors actively filing claims and the estimated number of bankruptcy claims the creditor has filed.
Top 25 Creditors Actively Filing Claims
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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Graph shows Top 25 creditors actively filing claims and the estimated dollar amount of all claims field.
About this graph
Source: American InfoSource Internal Statistics
Top 25 Creditors Actively Filing Claims in Dollar Amount
AIS INSIGHT - 2014 YEAR IN REVIEW EDITION
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2015 AMERICAN INFOSOURCEAmerican InfoSource (AIS) is a diversified, global financial services company focused on improving the profitability of non-performing portfolios and protecting the brands of our clients. Specializing in risk management, data analytics, process design, programming, and regulatory compliance, AIS provides a uniquely integrated suite of cost-effective solutions for safely managing bankruptcy, deceased, and debt settlement accounts. Using our information, technology, services, and expertise, we deliver high-quality, low-cost solutions to maximize business process performance, optimize revenue, and mitigate risk. Banks, retailers, auto and mortgage financers, healthcare, telecom, and debt buyers all rely on AIS for guidance in the recovery space.
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www.americaninfosource.com 877.247.7253 • Houston, Texas