FY2024 data Public-data reference. official source

Chapter 11 - Business Reorganization

According to AOUSC Judicial Caseload Statistics, Chapter 11 (Business Reorganization) filings are tracked nationally FY2015–FY2024, with state-level rankings.

National trend FY2015–FY2024 · 1.8% of chapter-book filings in FY2024 · MID/SURGE/CONCENTRATED

Statistical information only, not legal advice. This page does not recommend whether to file.

What is Chapter 11?

Primarily used by businesses to restructure debts while continuing operations. Allows renegotiating contracts, leases, and debt terms. Can also be used by high-income individuals with debts exceeding Chapter 13 limits.

Who Files

Corporations, partnerships, LLCs, and high-debt individuals. Complex and expensive, typically requires experienced bankruptcy counsel.

Timeline

Highly variable. Plan confirmation can take 6 months to several years.

FY2024 National

8,923

Total Chapter 11 filings (Niche chapter)

1.8%

Share of chapter-book filings (MID)

Chapter 11 Filings by Year

Fiscal Year Chapter 11 Filings
FY2024 8,923
FY2023 6,397
FY2022 4,701
FY2021 5,569
FY2020 8,119
FY2019 7,205
FY2018 6,902
FY2017 6,892
FY2016 7,161
FY2015 6,881

States Ranked by Chapter 11 Filings

Rank State Ch. 11 Filings
1 Texas 1,342
2 New Jersey 1,148
3 Delaware 1,132
4 New York 843
5 California 711
6 Florida 703
7 Georgia 611
8 Pennsylvania 223
9 Illinois 194
10 Tennessee 142
11 Arizona 117
12 Colorado 111
13 North Carolina 103
14 Virginia 101
15 Louisiana 99
16 Massachusetts 94
17 Maryland 89
18 Nevada 88
19 Washington 81
20 Alabama 77
21 District of Columbia 70
22 Indiana 70
23 Michigan 65
24 Missouri 65
25 Ohio 65
26 Kentucky 46
27 Mississippi 45
28 Arkansas 44
29 Kansas 40
30 South Carolina 36
31 Oregon 33
32 Wisconsin 33
33 Iowa 29
34 Utah 29
35 Idaho 27
36 Minnesota 26
37 Nebraska 26
38 West Virginia 22
39 Maine 19
40 Connecticut 18
41 Oklahoma 17
42 New Hampshire 14
43 North Dakota 13
44 Wyoming 12
45 Montana 10
46 Alaska 9
47 New Mexico 9
48 Hawaii 8
49 Rhode Island 7
50 South Dakota 5
51 Vermont 2

Top-state concentrated chapter book

Texas alone holds 15.0% of FY2024 Chapter 11 filings (1,342 cases).

Chapter 11's upper-band YoY move

Chapter 11 (Business Reorganization) posted 8,923 FY2024 filings (#3 of 4 by volume; 1.8% of the chapter book). Across the 10-year AOUSC window (FY2015–FY2024), Chapter 11 volumes rose 29.7% (latest YoY +39.5%).

Geographic weight is concentrated: Texas alone recorded 1,342 Chapter 11 filings in FY2024 (15.0% of this chapter); the highest-volume states include Texas, New Jersey, Delaware, New York, California. Who uses this chapter: Corporations, partnerships, LLCs, and high-debt individuals. Complex and expensive, typically requires experienced bankruptcy counsel. Expected timeline: Highly variable. Plan confirmation can take 6 months to several years.

Aggregate chapter stats only, not legal advice

FY2024 Chapter 11 figures (MID · SURGE · CONCENTRATED) describe aggregate court activity under the top-state concentrated chapter book read; they do not predict any individual filing outcome. Chapter choice, means-test eligibility, exemptions, and outcomes depend on state of residence, income, assets, and district practice. Statistical information only, not legal advice.

Frequently Asked Questions: Chapter 11

What is Chapter 11 bankruptcy?

Primarily used by businesses to restructure debts while continuing operations. Allows renegotiating contracts, leases, and debt terms. Can also be used by high-income individuals with debts exceeding Chapter 13 limits.

Who is eligible to file Chapter 11?

Corporations, partnerships, LLCs, and high-debt individuals. Complex and expensive, typically requires experienced bankruptcy counsel.

How long does Chapter 11 take?

Highly variable. Plan confirmation can take 6 months to several years.

How many Chapter 11 cases were filed in FY2024?

There were 8,923 Chapter 11 bankruptcy filings nationally in FY2024 (#3 of 4 by volume; 1.8% of the chapter book). Filing data is from the Administrative Office of the U.S. Courts.

Which states have the most Chapter 11 filings?

The top states for Chapter 11 filings in FY2024 are Texas, New Jersey, Delaware; Texas holds 15.0% of this chapter book.

Read with Chapter 11

Nearest chapter-volume peer and stamp poles for Chapter 11 (MID · SURGE · CONCENTRATED), replacing the fixed Guides/Related strip.

Data sourced from Administrative Office of the U.S. Courts (AOUSC) Judicial Caseload Statistics (AOUSC Judicial Caseload Statistics, Chapter 11 FY2024). See our methodology for details. Chapter 11 series (MID · SURGE · CONCENTRATED) retrieved and formatted by PlainBankruptcy, top-state concentrated chapter book.