All States New Mexico

State profile · FY2024 · AOUSC

New Mexico Bankruptcy Filings

3,841 federal filings in FY2024 across 1 judicial district and 2.11 million residents, Chapter 7, 11, 12, and 13, from AOUSC Judicial Caseload Statistics.

3,841
Total filings FY2024
181.7
Per 100k residents
#20
Per-capita rank
1
Judicial district

Data updated August 2026

The bottom line

New Mexico filings declined 42.5% across the 10-year AOUSC window ending FY2024.

181.7
filings per 100k
#20
per-capita rank (of 51)
69%
Chapter 7 (liquidation)
29%
Chapter 13 (repayment)

Statistical information only, not legal advice. Outcomes depend on district local rules, exemption law, and the means test. This page does not recommend whether to file.

Consumer vs business filings, FY2024

AOUSC case-type split of the same 3,841 filings shown above, orthogonal to the chapter mix below.

Per-capita filings vs peers and the national average

Left: nearby jurisdictions by FY2024 filings per 100,000 residents (AOUSC). Right: New Mexico rate on the same scale as the 51-jurisdiction peak, with the national average marked.

Peer per-capita rates near New Mexico

1. Ohio181.82. New Mexico181.73. South Carol.175.34. Illinois174.0
Filings per 100,000 residents, FY2024. New Mexico highlighted when present in the peer window. Source: AOUSC Judicial Caseload Statistics.
0329.751-jurisdiction avg177181.7
New Mexico 181.7 per 100k (1.03x the 176.5 national average; peak among 51 is 329.7). Denominator = residents; source AOUSC FY2024.

New Mexico chapter composition, FY2024

New Mexico chapter mix FY2024

Chapters68.9%29.5%Ch 7, LiquidationCh 11, ReorganizationCh 12, Family farmerCh 13, Wage-earnerCh 15, Cross-border
3,841 filings • per-capita rate 181.7 per 100k • AOUSC Judicial Caseload Statistics

Total Filings

3,841

#36 nationally

Per 100,000

181.7

#20 per capita

Chapter 7

2,648

69% of total

Chapter 13

1,133

29% of total

Chapter 11

48

Business reorganization

Business

198

Of total filings

Peer states, per-capita filings near New Mexico

Rate per 100k population (decimal share) and total filings - New Mexico highlighted

OH

Ohio

18.18% top marginal rate
Structure
Progressive
Burden @ $100K
$21,421
Selected

NM

New Mexico

18.17% top marginal rate
Structure
Progressive
Burden @ $100K
$3,841

SC

South Carolina

17.53% top marginal rate
Structure
Progressive
Burden @ $100K
$9,421

IL

Illinois

17.40% top marginal rate
Structure
Progressive
Burden @ $100K
$21,842

Filing Trend by Year

2,0003,0004,0005,0006,0007,000 FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24 3,841
Total bankruptcy filings in New Mexico by fiscal year. Source: AOUSC Judicial Caseload Statistics.
Year Total Ch. 7 Ch. 13
FY2024 3,841 2,648 1,133
FY2023 3,432 2,433 945
FY2022 3,068 2,325 701
FY2021 3,273 2,576 651
FY2020 4,309 3,374 881
FY2019 6,133 4,321 1,760
FY2018 6,172 4,368 1,753
FY2017 6,076 4,435 1,587
FY2016 6,288 4,733 1,499
FY2015 6,683 5,043 1,584

Federal Districts in New Mexico

Economic Context

Source: BLS Local Area Unemployment Statistics →

4.2%

Unemployment (2023)

181.7

Filings per 100k Pop.

Filing Rate Score

181.7

Filings per 100,000 population

#20

Per-capita rank among 51 jurisdictions

New Mexico has a mid-pack per-capita filing rate (#20 of 51) at 181.7 per 100k.

Falling multi-year filing trend

New Mexico in the thin-volume third

3,841 FY2024 filings put New Mexico in the lightest third by raw volume (#36); year-to-year swings are noisier, so pair counts with the per-capita band. Chapter 7 liquidations dominate at 69% (upper-third Chapter 7 share); Chapter 13 is 29% - a liquidation-leaning court culture relative to repayment-heavy peers.

On a thin volume book, the 10-year swing (declined 42.5%) can be a few hundred cases - read the year table in absolute counts. 1 district; business filings 198 (Ch.11 48). Unemployment 4.2% (2023).

These figures describe aggregate court filings; they do not forecast any individual case outcome. Statistical information only - not legal advice; this page does not recommend whether to file.

Data sourced from Administrative Office of the U.S. Courts (AOUSC) Judicial Caseload Statistics for New Mexico FY2024 (per-capita #20 of 51). See our methodology for details. New Mexico snapshot: 3,841 filings, 181.7/100k, Chapter 7 69% / Chapter 13 29%; retrieved August 2026 by PlainBankruptcy.