Source(s)

Bankruptcy Statistics: Calendar Year by Chapter [Internet]. US Courts. [accessed July 17, 2009]. Available from: http://www.uscourts.gov/bnkrpctystats/statistics.htm#calendar

Definitions

The chapter of the Bankruptcy Code providing for 'liquidation,' ( i.e., the sale of a debtor's nonexempt property and the distribution of the proceeds to creditors.)

Bankruptcy categorized by the U.S. courts as a non-business bankruptcy; the debtor in a non-business bankruptcy is generally either an individual or a family farm; data from the U.S. Administrative Office of the Courts subdivides bankruptcies into business and non-business.

Report an Error

Spotted an error in this Odds Statement?

Click here to report it

Cite this Odds Statement

To properly cite Book of Odds please copy and paste the following into any document utilizing this Odds Statement:

Odds Statement provided by Book of Odds Inc., http://www.bookofodds.com/content/view/full/563980 (Accessed: )

Rounding Rules

Odds more likely than 1 in 10, such as 1 in 3.42, are rounded to three significant digits. Odds less likely than 1 in 10, such as 1 in 420.4, are rounded to four significant digits. Trailing zeros after the decimal point are dropped for readability, even though they may still be significant.

Odds you'll see: 1 in 4.26; 14.5; 143; 5,230; 433,200

Odds you won't see: 1 in 2.412; 63.042; 425,242c