Chapter 7 bankruptcies in the United States peaked in 2010, when *** million non-business and * business claims were filed under Chapter 7 of the Bankruptcy Code. By 2025, these figures had risen to ** and * respectively.
Chapter 7 bankruptcies are filed in cases where the debtor's non-exempt assets are sold to repay outstanding debts, with the remainder of the debt not needing to be repaid. Qualification for Chapter 7 bankruptcy is contingent on earning below a certain income threshold.
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US Courts. (January 29, 2026). Annual number of Chapter 7 bankruptcy cases commenced in the United States from 2007 to 2025, by debtor type [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/1118169/bankruptcy-filings-us-chapter-7-debtor/
US Courts. "Annual number of Chapter 7 bankruptcy cases commenced in the United States from 2007 to 2025, by debtor type." Chart. January 29, 2026. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/1118169/bankruptcy-filings-us-chapter-7-debtor/
US Courts. (2026). Annual number of Chapter 7 bankruptcy cases commenced in the United States from 2007 to 2025, by debtor type. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/1118169/bankruptcy-filings-us-chapter-7-debtor/
US Courts. "Annual Number of Chapter 7 Bankruptcy Cases Commenced in The United States from 2007 to 2025, by Debtor Type." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 29 Jan 2026, /statistics/1118169/bankruptcy-filings-us-chapter-7-debtor/
US Courts, Annual number of Chapter 7 bankruptcy cases commenced in the United States from 2007 to 2025, by debtor type ÌÇÐÄÆƽâ°æ, /statistics/1118169/bankruptcy-filings-us-chapter-7-debtor/ (last visited July 29, 2026)
Annual number of Chapter 7 bankruptcy cases commenced in the United States from 2007 to 2025, by debtor type [Graph], US Courts, January 29, 2026. [Online]. Available: /statistics/1118169/bankruptcy-filings-us-chapter-7-debtor/
