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Updated: Jan. 4, 2011
Next update: Mar. 2011 |
RAND California Bankruptcy Statistics reports the number of bankruptcies by type (i.e., chapter of the bankruptcy code) and the rate per 1,000 population. Totals reflect total filings for twelve-month periods ending quarterly. For example, the number of bankruptcies in the third quarter of 1998 reflects the total number of filings from Oct. 1, 1997-Sep. 30, 1998. A twelve-month moving average is also reported. This reflects an unweighted twelve-month average of reported bankruptcy filings. For example, the twelve-month moving average for bankruptcies in the third quarter of 1998 reflects the average of the number of filings for quarters ending in Sep. 1998, Jun. 1998, Mar. 1998, and Dec. 1997.
The data are reported for California, regions, and counties. See also, bankruptcy data for U.S. states. and bankruptcy data for U.S. states and counties. The source for these data is the Administrative Office of the U.S. Bankruptcy Courts. The source for population data used to calculate per capita rates is RAND California. Population is estimated for some time periods.
On April 20, 2005, President Bush signed into law the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 ("BAPCPA"). BAPCPA made substantial changes to the Bankruptcy Code. Most BAPCPA changes apply only to cases filed on or after October 17, 2005. These changes have generally resulted in fewer filings, and users should exercise caution when comparing bankruptcy data over multiple years. See Bankruptcy Basics for more information.
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