A report by data compilerย ย Epiq Systemsย shows that California is on track for filing the most new bankruptcy cases. ย In 2015 California had, by far, the most bankruptcy filings withย 80,386. ย The vast majority of those cases were Chapter 7 cases at 74%. ย While California by far has had the most bankruptcy filings, Tennessee and Alabama, by far, have had the most filings per capita. ย
Since 2010 the posted graph shows that there has been a substantial decrease in people filing for bankruptcy over the years. ย The statistics for filings in February 2016 is extremely close to the number of people filing for February 2015. ย There were only about 500 additional filings for February 2016 than in 2015. ย
