December filings, pretty low again

There were a total of 1,665 bankruptcy petitions filed in the Central District of California in December 2020.  That is the lowest month of 2020.  Total filings for the year are 26,895 or 28% fewer than last year.

2020 2019 2018 2017 2016 2015 2014
Jan 2,828 2,745 2,741 2,839 2,872 3,364 4,704
Feb 2,781 2,754 2,708 2,795 3,299 3,829 4,574
March 2,736 3,481 3,363 3,782 3,923 4,496 5,430
April 1,669 3,631 3,277 3,209 3,584 4,486 5,364
May 2,080 3,347 3,226 3,384 3,484 3,971 5,500
June 2,257 2,967 2,981 3,252 3,545 3,966 4,386
July 2,415 3,270 3,057 2,953 3,239 3,731 4,701
Aug 2,355 3,274 3,337 3,387 3,543 3,544 4,540
Sept 2,169 2,934 2,772 3,071 3,168 3,493 4,317
Oct 2,210 3,355 3,259 3,170 3,235 3,751 4,554
Nov 1,730 2,636 2,821 3,004 3,025 3,531 3,642
Dec 1,665 2,723 2,419 2,416 2,902 2,718 3,733
Total 26,895 37,117 35,961 37,262 39,819 44,880 55,445

Filings by chapter for the year were

Non-Comm’l Commercial Chapter 7 Chapter 13 Chapter 11
24,451 2,449 23,072 3,525 299
91% 9% 86% 13% 1%

It’s not only slow here:  Texas had 1,789 – that is the total for the four Texas districts!  So the whole state of Texas.  New York had a total of 1,365 – again for all four districts!  The whole state of New York.  More?  The state of Washington – 552 cases in December.  Alaska you ask?  36 cases in December – 313 cases the whole year!  You get the idea.  Filings are slow.

Leave a Reply


six − = 5