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State profile · FY2024 · AOUSC

New Mexico Bankruptcy Filings

According to AOUSC Judicial Caseload Statistics, 1,367 federal filings were recorded in FY2024 across 1 judicial district and 2.11 million residents, Chapter 7, 11, 12, and 13.

1,367
Total filings FY2024
Lower-volume state
64.7
Per 100k residents
Well below national median
#47
Per-capita rank
Bottom third
1
Judicial district
Typical district count

Data updated September 2026

The bottom line

New Mexico filings declined 61.0% across the 10-year AOUSC window ending FY2024.

64.7
filings per 100k
#47
per-capita rank (of 51)
86%
Chapter 7 (liquidation)
13%
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.

C+
Financial-Stress Score
63/100
New Mexico · 2 of 2 dimensions reported

Based on this state's bankruptcy filing rate (AOUSC, per 100,000 residents) and its most recently reported unemployment rate, each benchmarked against every tracked state (50 states + DC). Lower filings and lower unemployment score higher; this is not a measure of overall affordability, cost of living, or quality of life.

Bankruptcy Filing Rate A 64.7 per 100K
Federal bankruptcy filings per 100,000 residents, FY2024 (AOUSC)
Unemployment Rate F 4.2%
State's most recently reported annual unemployment rate

Consumer vs business filings, FY2024

AOUSC case-type split of the same 1,367 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. District of.64.72. New Mexico64.73. New Hampshi.61.14. Maine40.0
Filings per 100,000 residents, FY2024. New Mexico highlighted when present in the peer window. Source: AOUSC Judicial Caseload Statistics.
0374.451-jurisdiction avg14264.7
New Mexico 64.7 per 100k (0.45x the 142.3 national average; peak among 51 is 374.4). Denominator = residents; source AOUSC FY2024.

Where New Mexico sits: volume vs. intensity

Every jurisdiction plotted by FY2024 total filings (volume) against filings per 100,000 residents (intensity), with New Mexico highlighted among all 30. A large state can lead on volume without leading on rate, or the reverse.

30 jurisdictions by total filings (volume) and per-100,000-resident filing rate (intensity), FY2024. Source: AOUSC Judicial Caseload Statistics; population from U.S. Census Bureau estimates. 2×2 strategic matrix plotting 30 entities by Total filings (X) and Filings per 100k residents (Y), with a crosshair dividing the plot into four quadrants. High volume, high rateLow volume, high rateHigh volume, low rateBelow median on both 010,00020,00030,00040,00050,000 0100200300400 Total filings Filings per 100k residents New Mexico among all U.S. jurisdictions, FY2024
30 jurisdictions by total filings (volume) and per-100,000-resident filing rate (intensity), FY2024. Source: AOUSC Judicial Caseload Statistics; population from U.S. Census Bureau estimates.
View all 30 jurisdictions as a list
  1. California : 45,781 filings, 117.5 per 100k
  2. Florida : 35,569 filings, 157.3 per 100k
  3. Texas : 30,182 filings, 98.9 per 100k
  4. Georgia : 28,963 filings, 262.6 per 100k
  5. Illinois : 25,450 filings, 202.8 per 100k
  6. Ohio : 23,448 filings, 198.9 per 100k
  7. New York : 20,881 filings, 106.7 per 100k
  8. Michigan : 20,201 filings, 201.3 per 100k
  9. Tennessee : 19,926 filings, 279.6 per 100k
  10. Alabama : 19,124 filings, 374.4 per 100k
  11. Indiana : 15,921 filings, 232.0 per 100k
  12. Virginia : 14,245 filings, 163.4 per 100k
  13. New Jersey : 13,511 filings, 142.2 per 100k
  14. Pennsylvania : 12,265 filings, 94.6 per 100k
  15. Kentucky : 11,004 filings, 243.1 per 100k
  16. Arizona : 10,861 filings, 146.2 per 100k
  17. Maryland : 10,858 filings, 175.7 per 100k
  18. Missouri : 9,572 filings, 154.5 per 100k
  19. Wisconsin : 9,461 filings, 160.1 per 100k
  20. Louisiana : 9,175 filings, 200.6 per 100k
  21. Mississippi : 8,867 filings, 301.6 per 100k
  22. North Carolina : 8,603 filings, 80.4 per 100k
  23. Minnesota : 8,231 filings, 143.4 per 100k
  24. Washington : 8,176 filings, 104.6 per 100k
  25. Nevada : 7,992 filings, 250.2 per 100k
  26. Colorado : 7,496 filings, 127.5 per 100k
  27. Utah : 6,657 filings, 194.8 per 100k
  28. Oregon : 6,601 filings, 155.9 per 100k
  29. Arkansas : 6,571 filings, 214.2 per 100k
  30. New Mexico (this state) : 1,367 filings, 64.7 per 100k

Source: AOUSC Judicial Caseload Statistics (filings) · U.S. Census Bureau Population Estimates →

New Mexico chapter composition, FY2024

New Mexico chapter mix FY2024

Chapters85.9%13.5%Ch 7, LiquidationCh 11, ReorganizationCh 12, Family farmerCh 13, Wage-earnerCh 15, Cross-border
1,367 filings • per-capita rate 64.7 per 100k • AOUSC Judicial Caseload Statistics

Total Filings

1,367

#40 nationally · Lower-volume state

Per 100,000

64.7

#47 per capita · Well below national median

Chapter 7

1,174

86% of total · Above national share

Chapter 13

184

13% of total · Below national share

Chapter 11

9

Business reorganization · Below national share

Business

61

Of total filings · Near national share

Peer states, per-capita filings near New Mexico

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

Selected

NM

New Mexico

6.47% top marginal rate
Structure
Progressive
Burden @ $100K
$1,367

NH

New Hampshire

6.11% top marginal rate
Structure
Progressive
Burden @ $100K
$857

ME

Maine

4.00% top marginal rate
Structure
Progressive
Burden @ $100K
$561

Filing Trend by Year

01,0002,0003,0004,000 FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24 1,367
Total bankruptcy filings in New Mexico by fiscal year. Source: AOUSC Judicial Caseload Statistics.
Year Total Ch. 7 Ch. 13
FY2024 1,367 1,174 184
FY2023 1,113 919 188
FY2022 1,184 1,010 163
FY2021 1,632 1,476 145
FY2020 2,703 2,369 312
FY2019 3,064 2,628 407
FY2018 3,291 2,917 351
FY2017 3,340 2,994 306
FY2016 3,315 2,971 311
FY2015 3,508 3,201 269

Federal Districts in New Mexico

District of New Mexico

Economic Context

Source: BLS Local Area Unemployment Statistics →

4.2%

Unemployment (2023)

64.7

Filings per 100k Pop.

Filing Rate Score

64.7

Filings per 100,000 population

#47

Per-capita rank among 51 jurisdictions

New Mexico sits in the lower third for filings per 100k (#47 of 51) - low rates still leave room for Chapter 13-heavy pockets in individual districts.

Falling multi-year filing trend

New Mexico in the lower-rate third

In FY2024, New Mexico recorded 1,367 federal filings at 64.7 per 100k - a lower-third per-capita rate (#47 of 51); small absolute counts still matter when Chapter 13 share runs hot. Chapter 7 liquidations dominate at 86% (upper-third Chapter 7 share); Chapter 13 is 13% - a liquidation-leaning court culture relative to repayment-heavy peers.

On a thin volume book, the 10-year swing (declined 61.0%) can be a few hundred cases - read the year table in absolute counts. 1 district; business filings 61 (Ch.11 9). 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.

Next reads for a lower-rate state like New Mexico

District of Columbia filing profile

Nearest per-capita peer (64.7/100k)

District of New Mexico

Lead district inside New Mexico

State filing rankings

New Mexico sits in the lower third - compare denser peers

State exemptions

Low-rate states often pair with generous exemption regimes
← All States National Trends → District of Columbia filing profile →

Read our methodology - how this data is sourced, computed, and verified.

What to do with this

New Mexico's own numbers, then where to compare them.

Figures are Administrative Office of the U.S. Courts (AOUSC) Judicial Caseload Statistics FY2024 filings - see the methodology page for how states and chapters are defined.

Data sourced from Administrative Office of the U.S. Courts (AOUSC) Judicial Caseload Statistics for New Mexico FY2024 (per-capita #47 of 51). See our methodology for details. New Mexico snapshot: 1,367 filings, 64.7/100k, Chapter 7 86% / Chapter 13 13%; retrieved September 2026 by PlainBankruptcy.