All posts in Bankruptcy Data

Bankruptcy filings up for the year 2019 Central District of California (a little)

By | January 9, 2020 | Bankruptcy Data | No comments

Total filings in December were slightly higher than the previous two years.  Total filings for 2019 were up about 3% over 2018 and virtually the same as 2017.

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

Filings by chapter for 2019:

Non-Comm’l Commercial Chapter 7 Chapter 13 Chapter 11
33,880 3,053 28,880 7,690 362
91% 8% 78% 21% 1%

Filings by chapter for 2018:

Non-Comm’l Commercial Chapter 7 Chapter 13 Chapter 11
33,003 2,967 27,608 7,947 412
89% 8% 74% 21% 1%

 

Bankruptcy filings fall a little in November 2019

By | December 10, 2019 | Bankruptcy Data | No comments

Bankruptcy filings in the Central District of California dropped a little from last month and last year.

2019 2018 2017 2016 2015 2014
Jan 2,745 2,741 2,839 2,872 3,364 4,704
Feb 2,754 2,708 2,795 3,299 3,829 4,574
March 3,481 3,363 3,782 3,923 4,496 5,430
April 3,631 3,277 3,209 3,584 4,486 5,364
May 3,347 3,226 3,384 3,484 3,971 5,500
June 2,967 2,981 3,252 3,545 3,966 4,386
July 3,270 3,057 2,953 3,239 3,731 4,701
Aug 3,274 3,337 3,387 3,543 3,544 4,540
Sept 2,934 2,772 3,071 3,168 3,493 4,317
Oct 3,355 3,259 3,170 3,235 3,751 4,554
Nov 2,636 2,821 3,004 3,025 3,531 3,642
Dec 2,419 2,416 2,902 2,718 3,733
Total 34,394 35,961 37,262 39,819 44,880 55,445

Filings by chapter for the year:

Non-Comm’l Commercial Chapter 7 Chapter 13 Chapter 11
31,385 2,822 26,785 7,081 340
91% 8% 78% 21% 1%

Bankruptcy filings in the Central District slowly continue upward

By | November 6, 2019 | Bankruptcy Data | No comments

The numbers and the increases are small in real terms but October 2019 had the highest number of petitions in October since 2015.

2019 2018 2017 2016 2015 2014
Jan 2,745 2,741 2,839 2,872 3,364 4,704
Feb 2,754 2,708 2,795 3,299 3,829 4,574
March 3,481 3,363 3,782 3,923 4,496 5,430
April 3,631 3,277 3,209 3,584 4,486 5,364
May 3,347 3,226 3,384 3,484 3,971 5,500
June 2,967 2,981 3,252 3,545 3,966 4,386
July 3,270 3,057 2,953 3,239 3,731 4,701
Aug 3,274 3,337 3,387 3,543 3,544 4,540
Sept 2,934 2,772 3,071 3,168 3,493 4,317
Oct 3,355 3,259 3,170 3,235 3,751 4,554
Nov 2,821 3,004 3,025 3,531 3,642
Dec 2,419 2,416 2,902 2,718 3,733
Total 31,758 35,961 37,262 39,819 44,880 55,445

Here is the breakdown for the year by chapter.

Non-Comm’l Commercial Chapter 7 Chapter 13 Chapter 11
28,954 2,617 24,724 6,537 310
91% 8% 78% 21% 1%

 

New Median Income numbers starting November 1, 2019

By | October 31, 2019 | Bankruptcy Data | No comments

For household size of 1, 2, 3 and 4

CALIFORNIA $59,286 $77,860 $86,665 $99,512

 

Bankruptcy filings increase in September, 2019 – a little

By | October 11, 2019 | Bankruptcy Data | No comments

Filings for September, 2019 were a little lower than August but a little higher than September 2018.

2019 2018 2017 2016 2015 2014
Jan 2,745 2,741 2,839 2,872 3,364 4,704
Feb 2,754 2,708 2,795 3,299 3,829 4,574
March 3,481 3,363 3,782 3,923 4,496 5,430
April 3,631 3,277 3,209 3,584 4,486 5,364
May 3,347 3,226 3,384 3,484 3,971 5,500
June 2,967 2,981 3,252 3,545 3,966 4,386
July 3,270 3,057 2,953 3,239 3,731 4,701
Aug 3,274 3,337 3,387 3,543 3,544 4,540
Sept 2,934 2,772 3,071 3,168 3,493 4,317
Oct 3,259 3,170 3,235 3,751 4,554
Nov 2,821 3,004 3,025 3,531 3,642
Dec 2,419 2,416 2,902 2,718 3,733
Total 28,403 35,961 37,262 39,819 44,880 55,445

We are actually about 3.5% ahead of 2018 through September – 28,403 compared to 27,462 for 2018.

Filings year-to-date by chapter in the Central District.

Non-Comm’l Commercial Chapter 7 Chapter 13 Chapter 11
25,891 2,325 22,100 5,840 276
91% 8% 78% 21% 1%

 

Bankruptcy filings in the Central District of California – 2018

By | October 5, 2019 | Bankruptcy Data | No comments

Reading the Central District Annual Report for 2018 on the subway.  What caught my eye was the filings by division for calendar year 2018.  Riverside filings are 71% of downtown filings – Riverside 11,191 to LA 15,670.  Riverside had more cases filed than Santa Ana, San Fernando Valley and Santa Barbara combined.   Filings in Santa Barbara are two-thirds the filings in the San Fernando Valley.

LA 15,670
SFV 3,243
Riv 11,191
SA 4,881
SB 2,207
Total 37,192

What portion you say of the total filings were chapter 13?

13
LA 15,670 3,767 24%
SFV 3,243 807 25%
Riv 11,191 2,373 21%
SA 4,881 882 18%
SB 2,207 418 19%
Total 37,192 8,247          22%

I would love to know what portion of those were confirmed.  This data tells us that Nancy Curry and Kathy Dockery split 3,767 cases (1,887 each); Rod Danielson got 2,373; Amrane Cohen, 882 and Liz Rojas, 1,225.

By the way, pro per filings were 16.4% of the total.  It was my impression that that number was much higher – in the 25-30% range.

 

Supreme Court Stat Pack available at Scotusblog

By | September 24, 2019 | Bankruptcy Data, Supreme Court | No comments

If you are a numbers nerd, be prepared to blow an hour just scrolling through the 46 pages of numbers.  You can get the final package for the last term here.

One statistic I found intriguing is the makeup of the 5-4 decisions.  Last term 20 cases were decided 5-4.  That is out of 66 cases in total – so 28% of the total.  You would think that the 5-4 decisions were all the five “conservatives” v. the four “liberals.”  But that was the lineup on only seven of the 20.  Justice Gorsuch voted with the four liberals in four cases to make the 5-4 majority.  Justice Roberts voted with the four liberals in two cases.  Justice Thomas and Justice Ginsburg were on the same side in three of the 5-4 cases!  Thomas and Sotomayor were on the same side in two of the 5-4 cases.

Another stat that jumps out at me is that Justice Kavenaugh voted with the majority 89% of the time.   He and Roberts voted together 92% of the time.

I better get to work.  Have fun.

Bankruptcy filings in Central District – August 2019

By | September 9, 2019 | Bankruptcy Data | No comments
2019 2018 2017 2016 2015 2014
Jan 2,745 2,741 2,839 2,872 3,364 4,704
Feb 2,754 2,708 2,795 3,299 3,829 4,574
March 3,481 3,363 3,782 3,923 4,496 5,430
April 3,631 3,277 3,209 3,584 4,486 5,364
May 3,347 3,226 3,384 3,484 3,971 5,500
June 2,967 2,981 3,252 3,545 3,966 4,386
July 3,270 3,057 2,953 3,239 3,731 4,701
Aug 3,274 3,337 3,387 3,543 3,544 4,540
Sept 2,772 3,071 3,168 3,493 4,317
Oct 3,259 3,170 3,235 3,751 4,554
Nov 2,821 3,004 3,025 3,531 3,642
Dec 2,419 2,416 2,902 2,718 3,733
Total 25,469 35,961 37,262 39,819 44,880 55,445

Filings by chapter so far this year.

Non-Comm’l Commercial Chapter 7 Chapter 13 Chapter 11
23,195 2,085 19,831 5,200 249
91% 8% 78% 20% 1%

Bankruptcy filings creeping up – Central District of California

By | August 7, 2019 | Bankruptcy Data | No comments

Total bankruptcy petitions filed in the central district in July, 2019 was 3,269, up from 3,057 last year, a 7% increase, and 2,967 last month for a 10% increase.

2019 2018 2017 2016 2015 2014
Jan 2,745 2,741 2,839 2,872 3,364 4,704
Feb 2,754 2,708 2,795 3,299 3,829 4,574
March 3,481 3,363 3,782 3,923 4,496 5,430
April 3,631 3,277 3,209 3,584 4,486 5,364
May 3,347 3,226 3,384 3,484 3,971 5,500
June 2,967 2,981 3,252 3,545 3,966 4,386
July 3,269 3,057 2,953 3,239 3,731 4,701
Aug 3,337 3,387 3,543 3,544 4,540
Sept 2,772 3,071 3,168 3,493 4,317
Oct 3,259 3,170 3,235 3,751 4,554
Nov 2,821 3,004 3,025 3,531 3,642
Dec 2,419 2,416 2,902 2,718 3,733
Total 22,194 35,961 37,262 39,819 44,880 55,445

Filings by chapter for the year are:

Non-Comm’l Commercial Chapter 7 Chapter 13 Chapter 11
20,196 1,809 17,245 4,545 215
91% 8% 78% 20% 1%

 

9th Circuit en banc statistics

By | August 3, 2019 | Appeals, Bankruptcy Data | No comments

The 9th Circuit Annual Report for 2018 has some pretty interesting statistics.  One is that there were 955 petitions for rehearing en banc last year.  Of those, 17 were “called” for a vote.  Of those, 8 petitions were granted and 9 denied.  So 8 out of 955.

The way it works is that the petition for rehearing en banc is sent to all 27 “regular” or “active” 9th Circuit judges.  The “senior” status judges do not get to vote.  Any one of the 27 regular status judges can call for a vote.  If none makes the call, the petition is denied.  Once a judge makes the call, the 27 vote for rehearing and it takes a majority to grant the petition.  I’m not sure of the timing, i.e., how long it is before the petition is denied because there was no call.

The en banc panel is 11 judges consisting of the Chief Judge and 10 other judges chosen at random.  It hears oral argument and rules.  It affirms or reverses the three judge panel that it is reviewing.  A nice summary of the rules is here. 

Why en banc?  I think sometimes there is a sense that the three judge panel got it wrong.  But more often and usually, the three judge panel was bound by a prior 9th Circuit ruling that was wrong or needed to be better explained or modified.

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