Question
Are personal bankruptcy filings from the U.S. District Courts a count of individuals?
Answer
No. Personal bankruptcy filings are counted by households, not individuals. About 40% of all filings are joint filings by spouses, so the number of individuals filing for bankruptcy is 40% greater (1.4 times higher) than the figures shown.
Related Releases
Total Bankruptcies
Bankruptcies by County
Bankruptcies by U.S. and State