bankruptcy filing trends in arizona€¦ · bankruptcy filings in arizona calendar years 2000 -2019...
TRANSCRIPT
![Page 1: Bankruptcy Filing Trends in Arizona€¦ · Bankruptcy Filings in Arizona Calendar Years 2000 -2019 Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases 2000 20,955 16,839 318 3,792](https://reader033.vdocuments.site/reader033/viewer/2022042408/5f239195d349a1061b02e1cf/html5/thumbnails/1.jpg)
Bankruptcy Filing Trends in Arizona
Prepared by: The American Bankruptcy Institutehttp://www.abi.org/ Updated
February 2020
![Page 2: Bankruptcy Filing Trends in Arizona€¦ · Bankruptcy Filings in Arizona Calendar Years 2000 -2019 Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases 2000 20,955 16,839 318 3,792](https://reader033.vdocuments.site/reader033/viewer/2022042408/5f239195d349a1061b02e1cf/html5/thumbnails/2.jpg)
Arizona
Prepared by: The American Bankruptcy Institutehttp://www.abi.org
State at a GlanceArizona National
Population (7/1/2019) 7,278,717 328,239,523
- Change since 2010 13.9% 6.3%
- Foreign Born 13.4% 13.5%
Size (Square Miles) 113,594 3,531,905
Median Household Income $56,213 $60,293
Persons per Household 2.69 2.63
Per Capita Income $29,265 $32,621
Median Home Value $209,600 $204,900
Homeownership Rate 63.6% 63.8%
High School Graduate (or Higher) 86.8% 87.7%
College Graduate (or Higher) 28.9% 31.5%
Disabled 8.6% 8.6%
No Health Insurance 12.7% 10.0%
In Poverty 14.0% 11.8%
Source: U.S. Census Bureau January 2020
![Page 3: Bankruptcy Filing Trends in Arizona€¦ · Bankruptcy Filings in Arizona Calendar Years 2000 -2019 Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases 2000 20,955 16,839 318 3,792](https://reader033.vdocuments.site/reader033/viewer/2022042408/5f239195d349a1061b02e1cf/html5/thumbnails/3.jpg)
Bankruptcy Filings in ArizonaCalendar Years 2000 - 2019
Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases
2000 20,955 16,839 318 3,792 6
2001 25,489 20,448 296 4,741 4
2002 29,716 23,538 299 5,870 9
2003 31,811 25,432 297 6,079 3
2004 31,387 25,794 196 5,395 2
2005 40,214 35,914 161 4,137 2
2006 7,793 6,286 143 1,362 2
2007 10,920 8,326 242 2,348 4
2008 19,532 15,535 407 3,586 4
2009 34,637 28,391 613 5,627 6
2010 42,829 35,393 635 6,795 6
2011 36,556 30,853 464 5,226 13
2012 28,514 24,304 442 3,765 3
2013 23,381 20,094 303 2,976 8
2014 19,898 17,103 298 2,489 8
2015 17,194 14,475 289 2,429 1
2016 15,514 12,705 210 2,596 3
2017 15,997 12,895 199 2,896 7
2018 16,337 13,156 174 3,004 3
2019 16,933 13,698 153 3,077 5
![Page 4: Bankruptcy Filing Trends in Arizona€¦ · Bankruptcy Filings in Arizona Calendar Years 2000 -2019 Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases 2000 20,955 16,839 318 3,792](https://reader033.vdocuments.site/reader033/viewer/2022042408/5f239195d349a1061b02e1cf/html5/thumbnails/4.jpg)
0
10,000
20,000
30,000
40,000
50,000
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
District of ArizonaTotal Bankruptcy Cases Filed 2000 - 2019
40,214
16,933
42,829
![Page 5: Bankruptcy Filing Trends in Arizona€¦ · Bankruptcy Filings in Arizona Calendar Years 2000 -2019 Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases 2000 20,955 16,839 318 3,792](https://reader033.vdocuments.site/reader033/viewer/2022042408/5f239195d349a1061b02e1cf/html5/thumbnails/5.jpg)
More than 25%Above Average
Within 25% of Average
More than 25%Below Average
Total Filings Relative to Population 2000 - 2019
Arizona .5% BelowAverage
D.C. Puerto Rico
![Page 6: Bankruptcy Filing Trends in Arizona€¦ · Bankruptcy Filings in Arizona Calendar Years 2000 -2019 Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases 2000 20,955 16,839 318 3,792](https://reader033.vdocuments.site/reader033/viewer/2022042408/5f239195d349a1061b02e1cf/html5/thumbnails/6.jpg)
0.0
2.0
4.0
6.0
8.0
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
National Arizona
Bankruptcy Filings per 1,000 Population Arizona vs. National Average 2000 - 2019
2019
![Page 7: Bankruptcy Filing Trends in Arizona€¦ · Bankruptcy Filings in Arizona Calendar Years 2000 -2019 Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases 2000 20,955 16,839 318 3,792](https://reader033.vdocuments.site/reader033/viewer/2022042408/5f239195d349a1061b02e1cf/html5/thumbnails/7.jpg)
0
10,000
20,000
30,000
40,000
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
District of ArizonaChapter 7 Cases Filed 2000 - 2019
35,914 35,393
13,698
2019
![Page 8: Bankruptcy Filing Trends in Arizona€¦ · Bankruptcy Filings in Arizona Calendar Years 2000 -2019 Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases 2000 20,955 16,839 318 3,792](https://reader033.vdocuments.site/reader033/viewer/2022042408/5f239195d349a1061b02e1cf/html5/thumbnails/8.jpg)
0
150
300
450
600
750
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
Chapter 11 Cases Filed in Arizona2000 - 2019
635
153
2019
![Page 9: Bankruptcy Filing Trends in Arizona€¦ · Bankruptcy Filings in Arizona Calendar Years 2000 -2019 Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases 2000 20,955 16,839 318 3,792](https://reader033.vdocuments.site/reader033/viewer/2022042408/5f239195d349a1061b02e1cf/html5/thumbnails/9.jpg)
0
1,500
3,000
4,500
6,000
7,500
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
District of ArizonaChapter 13 Cases Filed 2000 - 2019
6,0796,795
3,077
2019
![Page 10: Bankruptcy Filing Trends in Arizona€¦ · Bankruptcy Filings in Arizona Calendar Years 2000 -2019 Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases 2000 20,955 16,839 318 3,792](https://reader033.vdocuments.site/reader033/viewer/2022042408/5f239195d349a1061b02e1cf/html5/thumbnails/10.jpg)
Percent of Cases Filed as Chapter 13 Calendar Years 2000 - 2019
0.0%
15.0%
30.0%
45.0%
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
National Arizona2019
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$0.0
$15.0
$30.0
$45.0
$60.0
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
Paym
ents
($
Mill
ions
)Chapter 13 Cases in Arizona
Amount (in Millions) Paid to Unsecured CreditorsFiscal Years 2000 - 2018
Source: Executive Office for United States Trustees
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0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
National Arizona
Unemployment Rate By Quarter 2006 - 2019
Source: Bureau of Labor Statistics
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Percent Change in Total Filings Calendar Year 2019 Compared to 2010
(National Average = 51% Decrease)
Amount of DecreaseUnder 40% 60.0% or More40.0% – 59.9%
Puerto RicoD.C.
-60%
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-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Arizona National
Filing Trends By Quarter Arizona vs. National Average(Percent Change From Same Quarter One Year Prior)
![Page 15: Bankruptcy Filing Trends in Arizona€¦ · Bankruptcy Filings in Arizona Calendar Years 2000 -2019 Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases 2000 20,955 16,839 318 3,792](https://reader033.vdocuments.site/reader033/viewer/2022042408/5f239195d349a1061b02e1cf/html5/thumbnails/15.jpg)
Decline Over 5% Decline 0 - 5% Increase 0 - 5%
Bankruptcy Filing Trends Calendar Year 2019 vs. 2018
D.C. Puerto Rico
National Average = .2% IncreaseIncrease Over 5%
+3.6%