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This site gives you an
introduction to the topic
bankruptcy, and hints of how
to avoid it.

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Statistics

For Europe, it is kind of difficult to find statistics about bankruptcy filings. However, bankruptcy filings continued to drop in 2007, but the decline is less sharp than in 2006. The decrease is 3 percent in Europe (and 0.7 percent for the entire EU). The rates vary a lot between the countries in Europe. Germany, for example, shows a sharp decrease of 10 percent, while France shows a sharp rise in bankruptcies.

There were more than 2,000,000 bankruptcy filling in the United States just in the year 2005. In the follwoing, you can see the total number of bankruptcy fillings in the United States:

Year # of filings
2006
1,432,074
2005
1,141,715
2004
1,176,654
2003
1,135,436
2002
1,059,777
2001
904,397

The average age of the persons going bankrupt is 38 years, 44 percent are couples, 30 percent are women filing alone (versus 26 percent men). In the follwoing is the number of bankruptcies in the state of Florida:

Year # of filings
2005
107,872
2004
85,889
2003
94,424
2002
92,177
2001
87,112
2000
72,731