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American InfoSource is your resource for industry analytics, trends, and insider information.AIS InSight is produced weekly for you to stay up to speed on the latest statistics affecting your industry and your business.
Current Bankruptcy Filings & Projected Filing Trends
Keeping you up to speed on the latest statistics affecting your industry and your business.
AIS InSight
Contents
August 2, 2012
About AIS InSight
AIS InSight is a proprietary report created by American InfoSource using data derived solely from information obtained from the Federal Bankruptcy Court System and the latest in bankruptcy analytical tools. please contact American InfoSource.
Produc t Spot l ight
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Top 25 Creditors Listed in Bankruptcies - Chart
Top 50 Creditors Listed In Bankruptcies - Table
Top 50 Creditors Filing Claims and Amount Filed
Top 25 Creditors Actively Filing Claims in Dollar Amount
About American InfoSource
Top 25 Creditors Actively Filing Claims
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Bankruptcy Statistics Snapshot
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Bankruptcies
About this chart
Source: American InfoSource Internal Statistics
AIS InSight August 2, 2012
Current Bankruptcy Filings & Projected Filing Trends
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AIS InSight August 2, 2012
This chart shows Ch 7 & Ch 13
bankruptcies filed over a four-year
period
About this chart
Source: American InfoSource Internal Statistics
Bankruptcy Statistics Snapshot
July 2012
Total Bankruptcies Filed 95,033 Total Bankruptcies Filed last 12 months 1,265,570
Chapter 13 29,334 Total Bankruptcies Filed prev. Month 99,123
Chapter 7 64,884 Total Bankruptcies Filed prev. Year (same month) 110,222
Increase from Previous Month -4.13% Increased Bankruptcies from prev. Month Total -4,090
Increase from Previous Year (same month) -13.78% Increased Bankruptcies from prev. Year Total (same month) -15,189
Chapter 7
Chapter 13
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Graph shows Top 25 listed creditors and the estimated amount of bankruptcies each creditor is listed on.
About this graph
Source: American InfoSource Internal Statistics
AIS InSight August 2, 2012
Top 25 Creditors Listed in Bankruptcies
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About this table
AIS InSight August 2, 2012
Table depicts top 50 creditors currently listed in Bankruptcies, amount of cases listed on, and the number of times the creditor name occurs.
Rank Creditor Cases Listings
1 CITIBANK 9,699 21,575
2 CHASE 9,434 15,659
3 CAPITAL ONE 9,056 13,141
4 GENERAL ELECTRIC GE (RETAIL) 8,436 21,771
5 BANK OF AMERICA 8,299 14,169
6 INTERNAL REVENUE SERVICE 7,542 12,685
7 HSBC 7,522 14,508
8 WELLS FARGO 5,705 9,358
9 ENCORE CAPITAL GROUP 4,615 6,300
10 DISCOVER FINANCIAL SVCS 4,346 5,495
Rank Creditor Cases Listings
11 GE MONEY BANK 3,904 7,105
12 GOVERNMENT (NON IRS), STATE & LOCAL 3,687 4,845
13 NCO GROUP, INC 3,530 4,762
14 COMPUCREDIT 3,396 4,548
15 AMERICAN EXPRESS 3,231 4,203
16 TARGET 3,217 4,074
17 US BANCORP 2,971 4,318
18 PORTFOLIO RECOVERY ASSOCIATES,LLC 2,887 3,738
19 VERIZON 2,745 3,568
20 ALLIANCE DATA SYSTEMS 2,685 4,168
Continued on next page
Top 50 Creditors Listed In BankruptciesFor Bankruptcies Filed Between 7/14/2012 and 7/20/2012
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About this table
AIS InSight August 2, 2012
Table depicts top 50 creditors currently listed in Bankruptcies, amount of cases listed on, and the number of times the creditor name occurs.
Rank Creditor Cases Listings
21 WORLD FINANCIAL NETWORK NATIONAL BANK / WFNNB 2,595 3,998
22 RESURGENT / SHERMAN / LVNV 2,499 3,163
23 AT & T 2,346 3,020
24 KOHLS 2,318 2,603
25 ENHANCED RECOVERY CORPORATION 2,154 2,346
26 FIRST PREMIER 2,110 2,478
27 SALLIE MAE 2,091 2,696
28 ASSET ACCEPTANCE 2,068 2,505
29 ANDERSON FINANCIAL NETWORK 1,819 2,189
30 CAVALRY PORTFOLIO SERVICES 1,660 2,137
31 GMAC 1,495 1,731
32 IC SYSTEMS 1,475 1,676
33 AT & T WIRELINE 1,459 1,742
34 SANTANDER CONSUMER USA 1,328 1,555
35 SPRINT 1,306 1,535
Rank Creditor Cases Listings
36 BARCLAYS BANK 1,305 1,610
37 CREDIT ONE BANK 1,269 1,479
38 T-MOBILE 1,155 1,348
39 ALLIED INTERSTATE, INC 1,137 1,306
40 SQUARETWO FINANCIAL 1,133 1,341
41 NORTHLAND GROUP 1,131 1,240
42 CAPITAL MANAGEMENT SERVICES 1,046 1,104
43 CLIENT SERVICES INC. 1,004 1,070
44 CREDIT PROTECTION ASSOCIATION 996 1,101
45 COMCAST 984 1,127
46 FORD MOTOR CREDIT 962 1,179
47 DIRECT TV 956 1,066
48 DELL FINANCIAL SERVICES (DFS) 944 1,129
49 RJM ACQUISITIONS, LLC 931 1,059
50 CITI MORTGAGE 902 1,036
Totals 233,559
Top 50 Creditors Listed In BankruptciesFor Bankruptcies Filed Between 7/14/2012 and 7/20/2012
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About this table
AIS InSight August 2, 2012
Top 50 Creditors Filing Claims and Amount FiledFor Proof of Claim Dates Between 7/14/2012 and 7/20/2012
Continued on next page
Table depicts Top 50 Creditors actively filing claims and estimated dollar amount filed for the claims.
Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
1 AMERICAN INFOSOURCE 5,230 8,269 $32,606,108.22 $3,943.17
2 PORTFOLIO RECOVERY ASSOCIATES,LLC 3,084 6,602 $21,373,393.37 $3,237.41
3 CAPITAL ONE 2,545 3,668 $13,220,317.80 $3,604.23
4 INTERNAL REVENUE SERVICE 2,346 2,438 $143,581,345.26 $58,893.09
5 WEINSTEIN & RILEY, P.S. 2,272 3,584 $19,410,755.58 $5,415.95
6 RESURGENT / SHERMAN / LVNV 2,096 3,093 $11,342,788.52 $3,667.24
7 BANK OF AMERICA 2,000 3,231 $159,056,688.40 $49,228.32
8 BECKET AND LEE LLP 1,715 2,462 $14,607,093.21 $5,933.02
9 GENERAL ELECTRIC GE (RETAIL) 1,672 2,606 $5,531,193.03 $2,122.48
10 CITIBANK 1,501 1,980 $14,455,431.14 $7,300.72
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AIS InSight August 2, 2012
Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
11 WELLS FARGO 1,453 2,088 $148,430,666.25 $71,087.48
12 QUANTUM3 GROUP 1,435 2,276 $2,949,961.58 $1,296.12
13 DISCOVER FINANCIAL SVCS 1,335 1,550 $10,911,649.35 $7,039.77
14 RECOVERY MANAGEMENT SYSTEMS CORPORATION 1,288 1,949 $5,488,160.76 $2,815.89
15 ENCORE CAPITAL GROUP 1,165 1,794 $5,986,799.29 $3,337.12
16 CHASE 1,121 1,555 $90,800,677.25 $58,392.72
17 JEFFERSON CAPITAL SYSTEMS 1,090 1,471 $3,299,011.15 $2,242.70
18 AMERICAN EXPRESS 1,006 1,414 $9,999,674.39 $7,071.91
19 ALLIANCE DATA SYSTEMS 774 1,075 $940,892.97 $875.25
20 US BANCORP 722 979 $237,911,509.80 $243,014.82
About this table
Table depicts Top 50 Creditors actively filing claims and estimated dollar amount filed for the claims.
Continued on next page
Top 50 Creditors Filing Claims and Amount FiledFor Proof of Claim Dates Between 7/14/2012 and 7/20/2012
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AIS InSight August 2, 2012
Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
21 VERIZON 711 763 $437,452.53 $573.33
22 CAVALRY PORTFOLIO SERVICES 629 781 $5,182,931.26 $6,636.28
23 ASSET ACCEPTANCE 590 796 $4,003,114.06 $5,029.04
24 FIRST PREMIER 543 690 $369,158.11 $535.01
25 CHARTER BANK 537 678 $327,143.58 $482.51
26 SANTANDER CONSUMER USA 536 578 $6,475,981.15 $11,204.12
27 HSBC 524 664 $29,286,767.44 $44,106.58
28 NATIONAL CAPITAL MANAGEMENT 522 592 $1,398,303.92 $2,362.00
29 GOVERNMENT (NON IRS), STATE & LOCAL 490 542 $6,450,571.47 $11,901.42
30 AT & T 485 525 $334,411.43 $636.97
About this table
Table depicts Top 50 Creditors actively filing claims and estimated dollar amount filed for the claims.
Continued on next page
Top 50 Creditors Filing Claims and Amount FiledFor Proof of Claim Dates Between 7/14/2012 and 7/20/2012
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AIS InSight August 2, 2012
Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
31 TARGET 479 507 $1,325,528.46 $2,614.45
32 SALLIE MAE 473 661 $13,250,052.51 $20,045.47
33 AT & T WIRELINE 457 470 $214,612.24 $456.62
34 CREDIGY SOLUTIONS 427 487 $3,314,764.35 $6,806.50
35 T-MOBILE 415 484 $247,385.65 $511.13
36 EDUCATIONAL CREDIT MANAGEMENT CORPORATION 400 500 $9,813,524.50 $19,627.05
37 BASS & ASSOCIATES, P.C. 396 445 $957,447.80 $2,151.57
38 CREDITORS BANKRUPTCY SERVICE 381 599 $717,536.78 $1,197.89
39 SPRINT 364 366 $277,397.69 $757.92
40 GMAC 336 381 $9,816,703.16 $25,765.63
About this table
Table depicts Top 50 Creditors actively filing claims and estimated dollar amount filed for the claims.
Continued on next page
Top 50 Creditors Filing Claims and Amount FiledFor Proof of Claim Dates Between 7/14/2012 and 7/20/2012
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AIS InSight August 2, 2012
Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
41 GMAC AUTO 324 367 $5,103,816.40 $13,906.86
42 SFC 303 361 $280,624.03 $777.35
43 CAPITAL ONE AUTO 295 301 $4,005,256.48 $13,306.50
44 SPRINGLEAF FINANCIAL SERVICES 292 312 $3,899,827.01 $12,499.45
45 WORLD FINANCE CORP 281 336 $420,957.01 $1,252.85
46 MERRICK BANK 278 292 $830,376.88 $2,843.76
47 ECAST SETTLEMENT CORPORATION 255 480 $2,051,416.42 $4,273.78
48 USA FUNDS, INC. 209 297 $5,663,483.60 $19,068.97
49 BB&T BANK 206 305 $21,369,869.26 $70,065.15
50 ASTA-VATIV 169 369 $880,073.67 $2,385.02
Totals 69,013 $1,090,610,606.17 $15,802.97
About this table
Table depicts Top 50 Creditors actively filing claims and estimated dollar amount filed for the claims.
Top 50 Creditors Filing Claims and Amount FiledFor Proof of Claim Dates Between 7/14/2012 and 7/20/2012
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Graph shows Top 25 Creditors actively filing claims and the estimated number of bankruptcy claims the creditor has filed.
About this graph
Source: American InfoSource Internal Statistics
AIS InSight August 2, 2012
Top 25 Creditors Actively Filing Claims
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Graph shows Top 25 creditors actively filing claims and the estimated dollar amount of all claims filed.
About this graph
Source: American InfoSource Internal Statistics
AIS InSight August 2, 2012
Top 25 Creditors Actively Filing Claims in Dollar Amount
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Back
2012 American InfoSourceAmerican InfoSource is the leading provider of bankruptcy account management services, performing many, if not all, bankruptcy case functions for ten of the largest financial institutions in the country. With complete, vertically-integrated solutions for bankruptcy account servicing, American InfoSource has successfully automated all procedures from notification through payment processing in a reliable, safe, and cost-effective manner. Mortgage lenders, automotive financing, healthcare insitutions and utility companies all benefit from our products and services.
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All rights reserved. AIS InSight is produced using internal statistics from American InfoSource. AIS InSight is a proprietary analytical report produced weekly by American InfoSource. Reproducing or allowing any portion of this report to be edited or reproduced in any manner or any purpose is a copyright violation and subject to fines.
