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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 9, 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 9, 2012
Current Bankruptcy Filings & Projected Filing Trends
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AIS InSight August 9, 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 97,109 Total Bankruptcies Filed last 12 months 1,267,655
Chapter 13 29,767 Total Bankruptcies Filed prev. Month 99,127
Chapter 7 66,526 Total Bankruptcies Filed prev. Year (same month) 110,221
Increase from Previous Month -2.04% Increased Bankruptcies from prev. Month Total -2,018
Increase from Previous Year (same month) -11.90% Increased Bankruptcies from prev. Year Total (same month) -13,112
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 9, 2012
Top 25 Creditors Listed in Bankruptcies
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About this table
AIS InSight August 9, 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 10,458 23,471
2 CHASE 10,281 17,173
3 CAPITAL ONE 9,860 14,598
4 GENERAL ELECTRIC GE (RETAIL) 9,148 24,074
5 BANK OF AMERICA 9,114 15,707
6 HSBC 8,212 15,538
7 INTERNAL REVENUE SERVICE 8,064 13,597
8 WELLS FARGO 6,151 10,241
9 ENCORE CAPITAL GROUP 4,899 6,804
10 DISCOVER FINANCIAL SVCS 4,790 6,282
Rank Creditor Cases Listings
11 GE MONEY BANK 4,440 8,197
12 GOVERNMENT (NON IRS), STATE & LOCAL 3,984 5,272
13 NCO GROUP, INC 3,851 5,225
14 COMPUCREDIT 3,646 4,938
15 TARGET 3,475 4,401
16 AMERICAN EXPRESS 3,409 4,616
17 PORTFOLIO RECOVERY ASSOCIATES,LLC 3,084 3,977
18 US BANCORP 3,013 4,479
19 VERIZON 2,884 3,645
20 ALLIANCE DATA SYSTEMS 2,827 4,527
Continued on next page
Top 50 Creditors Listed In BankruptciesFor Bankruptcies Filed Between 7/21/2012 and 7/27/2012
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About this table
AIS InSight August 9, 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 2,735 4,305
22 RESURGENT / SHERMAN / LVNV 2,632 3,329
23 AT & T 2,593 3,273
24 KOHLS 2,542 2,883
25 ENHANCED RECOVERY CORPORATION 2,315 2,518
26 ASSET ACCEPTANCE 2,301 2,815
27 SALLIE MAE 2,215 2,751
28 FIRST PREMIER 2,178 2,665
29 ANDERSON FINANCIAL NETWORK 1,989 2,371
30 CAVALRY PORTFOLIO SERVICES 1,781 2,280
31 AT & T WIRELINE 1,626 1,964
32 GMAC 1,616 1,879
33 IC SYSTEMS 1,582 1,770
34 BARCLAYS BANK 1,473 1,846
35 SANTANDER CONSUMER USA 1,390 1,641
Rank Creditor Cases Listings
36 SPRINT 1,370 1,569
37 CREDIT ONE BANK 1,336 1,561
38 NORTHLAND GROUP 1,329 1,478
39 SQUARETWO FINANCIAL 1,276 1,559
40 ALLIED INTERSTATE, INC 1,242 1,425
41 T-MOBILE 1,200 1,376
42 CAPITAL MANAGEMENT SERVICES 1,161 1,234
43 CREDIT PROTECTION ASSOCIATION 1,081 1,197
44 COMCAST 1,067 1,240
45 DIRECT TV 1,038 1,157
46 DELL FINANCIAL SERVICES (DFS) 1,032 1,264
47 CLIENT SERVICES INC. 1,024 1,089
48 RJM ACQUISITIONS, LLC 1,013 1,150
49 FORD MOTOR CREDIT 1,005 1,233
50 CITI MORTGAGE 989 1,158
Totals 254,742
Top 50 Creditors Listed In BankruptciesFor Bankruptcies Filed Between 7/21/2012 and 7/27/2012
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About this table
AIS InSight August 9, 2012
Top 50 Creditors Filing Claims and Amount FiledFor Proof of Claim Dates Between 7/21/2012 and 7/27/2012
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 5,263 8,393 $34,907,270.85 $4,159.09
2 PORTFOLIO RECOVERY ASSOCIATES,LLC 3,002 6,876 $24,879,410.48 $3,618.30
3 CAPITAL ONE 2,576 3,765 $11,929,076.61 $3,168.41
4 WEINSTEIN & RILEY, P.S. 2,332 3,933 $21,519,684.29 $5,471.57
5 INTERNAL REVENUE SERVICE 2,286 2,372 $58,326,979.02 $24,589.79
6 BANK OF AMERICA 2,025 3,471 $276,003,450.81 $79,516.98
7 RESURGENT / SHERMAN / LVNV 2,021 2,961 $10,969,891.90 $3,704.79
8 BECKET AND LEE LLP 1,811 2,631 $16,382,112.30 $6,226.57
9 GENERAL ELECTRIC GE (RETAIL) 1,637 2,604 $5,295,640.86 $2,033.66
10 CITIBANK 1,478 1,975 $16,277,709.56 $8,241.88
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AIS InSight August 9, 2012
Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
11 WELLS FARGO 1,470 2,060 $156,060,784.76 $75,757.66
12 DISCOVER FINANCIAL SVCS 1,366 1,609 $11,256,575.16 $6,996.01
13 ENCORE CAPITAL GROUP 1,328 2,082 $7,233,961.41 $3,474.53
14 QUANTUM3 GROUP 1,317 2,085 $3,034,728.56 $1,455.51
15 RECOVERY MANAGEMENT SYSTEMS CORPORATION 1,310 1,937 $5,270,020.26 $2,720.71
16 CHASE 1,235 1,678 $92,826,436.81 $55,319.69
17 AMERICAN EXPRESS 1,105 1,507 $11,620,685.93 $7,711.14
18 JEFFERSON CAPITAL SYSTEMS 1,060 1,407 $3,481,141.71 $2,474.16
19 US BANCORP 698 931 $66,194,463.67 $71,100.39
20 ALLIANCE DATA SYSTEMS 690 987 $898,550.75 $910.39
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 7/21/2012 and 7/27/2012
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AIS InSight August 9, 2012
Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
21 ASSET ACCEPTANCE 672 932 $4,927,209.44 $5,286.71
22 VERIZON 622 702 $444,058.56 $632.56
23 CAVALRY PORTFOLIO SERVICES 611 732 $4,225,773.95 $5,772.92
24 TARGET 519 549 $1,553,938.13 $2,830.49
25 NATIONAL CAPITAL MANAGEMENT 496 574 $1,320,718.37 $2,300.90
26 FIRST PREMIER 483 607 $311,647.03 $513.42
27 HSBC 480 588 $31,092,688.15 $52,878.72
28 CHARTER BANK 477 599 $703,727.13 $1,174.84
29 CREDIGY SOLUTIONS 442 504 $3,519,294.57 $6,982.73
30 SALLIE MAE 429 610 $12,327,360.89 $20,208.79
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 7/21/2012 and 7/27/2012
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AIS InSight August 9, 2012
Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
31 SANTANDER CONSUMER USA 427 464 $5,304,163.90 $11,431.39
32 GOVERNMENT (NON IRS), STATE & LOCAL 409 450 $7,102,446.05 $15,783.21
33 BASS & ASSOCIATES, P.C. 404 451 $784,543.42 $1,739.56
34 AT & T 394 429 $1,052,803.49 $2,454.09
35 AT & T WIRELINE 359 380 $871,255.56 $2,292.78
36 GMAC 349 383 $9,629,701.48 $25,142.82
37 GMAC AUTO 341 373 $6,471,667.75 $17,350.32
38 SPRINT 333 338 $260,860.76 $771.78
39 T-MOBILE 333 376 $185,275.66 $492.75
40 CREDITORS BANKRUPTCY SERVICE 332 490 $750,262.51 $1,531.15
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 7/21/2012 and 7/27/2012
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AIS InSight August 9, 2012
Rank Creditor Name Cases Claims Total $ Amount of Claims
Avg. $ Amount per Claim
41 EDUCATIONAL CREDIT MANAGEMENT CORPORATION 323 390 $8,372,908.38 $21,469.00
42 MERRICK BANK 294 308 $1,007,006.00 $3,269.50
43 CAPITAL ONE AUTO 277 289 $3,489,518.89 $12,074.46
44 DELL FINANCIAL SERVICES (DFS) 270 276 $595,216.46 $2,156.58
45 FORD MOTOR CREDIT 247 274 $3,584,041.39 $13,080.44
46 SPRINGLEAF FINANCIAL SERVICES 242 256 $3,087,804.49 $12,061.74
47 AMERICREDIT FINANCIAL SERVICES INC 219 231 $1,793,767.99 $7,765.23
48 ECAST SETTLEMENT CORPORATION 203 385 $1,774,372.07 $4,608.76
49 USA FUNDS, INC. 192 281 $5,564,463.00 $19,802.36
50 ASTA-VATIV 158 349 $1,153,304.32 $3,304.60
Totals 68,834 $957,630,375.49 $13,912.17
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 7/21/2012 and 7/27/2012
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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 9, 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 9, 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.
