Bankruptcy Rates in California
Direct Recovery
AUGUST 27, 2021
California had more bankruptcy filings than any other state in 2021 through May. As of May, 87% of the bankruptcies filed in California in 2021 were chapter 7 bankruptcies, and that number works out to over 16,000 cases. Chapter 11 Bankruptcy Rates in California. This is the most common chapter for individuals.
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