Bankruptcy filing statistics for Camden County NJ, Burlington County NJ and Philadelphia PA

| May 9, 2016 | Bankruptcy Law |

Bankruptcy filings have dropped in the last year nationwide as well as locally in Camden County NJ, Burlington County NJ, and Philadelphia County PA. However, as can be seen from the statistics published by the US Courts, there are still a significant number of bankruptcies being filed. 25,763 were filed in NJ of which 2285 were filed in Camden County and 1686 were filed in Burlington County. Statewide that is an average of over 70 bankruptcies per day. In the Eastern District of Pennsylvania 9,533 were filed last year with 2,817 being filed in Philadelphia PA. Set forth below is the breakdown of the different types of bankruptcies filed, and whether they were personal bankruptcies or business bankruptcies.

Bankruptcy Filing Statistics

12mo period ending March 31, 2016

All Filings

Business Filings

Nonbusiness Filings

District

County Code

Total

Ch 7

Ch 11

Ch 12

Ch 13

Total

Ch 7

Ch 11

Ch 12

Ch 13

Total

Ch 7

Ch 11

Ch 13

NJ

25,763

17,758

244

2

7,758

762

490

197

2

72

25,001

17,268

47

7,686

Burlington

34005

1,686

1,021

15

650

38

22

13

3

1,648

999

2

647

Camden

34007

2,285

1,356

8

921

30

17

8

5

2,255

1,339

916

PA, E

9,533

5,152

104

2

4,275

314

169

94

2

49

9,219

4,983

10

4,226

Philadelphia

42101

2,817

1,118

28

1,671

65

28

27

10

2,752

1,090

1

1,661

http://www.uscourts.gov/statistics/table/f-5a/bankruptcy-filings/2016/03/31

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