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Bankruptcy Filing Trends in North Dakota
Prepared by: The American Bankruptcy Institutehttp://www.abi.org/ Updated
February 2020
North Dakota
Prepared by: The American Bankruptcy Institutehttp://www.abi.org
State at a GlanceNorth Dakota National
Population (7/1/2019) 762,062 328,239,523
- Change since 2010 13.3% 6.3%
- Foreign Born 3.9% 13.5%
Size (Square Miles) 69,001 3,531,905
Median Household Income $63,473 $60,293
Persons per Household 2.31 2.63
Per Capita Income $35,373 $32,621
Median Home Value $185,000 $204,900
Homeownership Rate 62.7% 63.8%
High School Graduate (or Higher) 92.5% 87.7%
College Graduate (or Higher) 29.5% 31.5%
Disabled 7.1% 8.6%
No Health Insurance 8.4% 10.0%
In Poverty 10.7% 11.8%
Source: U.S. Census Bureau January 2020
Bankruptcy Filings in North DakotaCalendar Years 2000 - 2019
Year Total Chapter 7 Chapter 11 Chapter 13 Other Cases
2000 1,933 1,849 13 66 5
2001 2,232 2,157 7 57 11
2002 2,074 1,974 8 82 10
2003 2,293 2,170 5 98 20
2004 2,288 2,157 6 124 1
2005 3,539 3,355 2 171 11
2006 743 646 1 95 1
2007 1,206 1,057 2 142 5
2008 1,373 1,222 3 144 4
2009 1,593 1,418 6 167 2
2010 1,652 1,461 8 179 4
2011 1,269 1,120 7 142 0
2012 978 866 2 109 1
2013 827 744 6 77 0
2014 701 626 1 73 1
2015 583 533 2 47 1
2016 701 595 7 92 7
2017 775 695 5 75 0
2018 781 689 2 81 9
2019 726 637 3 85 1
0
1,000
2,000
3,000
4,000
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
District of North DakotaTotal Bankruptcy Cases Filed 2000 - 2019
3,539
726
1,652
2019
More than 25%Above Average
Within 25% of Average
More than 25%Below Average
Total Filings Relative to Population 2000 - 2019
North Dakota 46% BelowAverage
D.C. Puerto Rico
0.0
2.0
4.0
6.0
8.0
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
National North Dakota
Bankruptcy Filings per 1,000 Population North Dakota vs. National Average 2000 - 2019
0
1,000
2,000
3,000
4,000
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
District of North DakotaChapter 7 Cases Filed 2000 - 2019
3,355
1,461637
2019
0
5
10
15
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
Chapter 11 Cases Filed in North Dakota2000 - 2019
2019
0
5
10
15
20
25
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
Chapter 12 Cases Filed in North Dakota2000 - 2019
Note: Chapter 12 was not availablefor certain periods of time each yearfrom 2000 to 2004.
2019
0
50
100
150
200
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
District of North DakotaChapter 13 Cases Filed 2000 - 2019
179
85
2019
Percent of Cases Filed as Chapter 13 Calendar Years 2000 - 2019
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
National North Dakota
2019
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
National North Dakota
Unemployment Rate By Quarter 2006 - 2019
Source: Bureau of Labor Statistics
Percent Change in Total Filings Calendar Year 2019 Compared to 2010
(National Average = 51% Decrease)
Amount of DecreaseUnder 40% 60.0% or More40.0% – 59.9%
Puerto RicoD.C.
-56%
-40.0%
-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
North Dakota National
Filing Trends By Quarter North Dakota vs. National Average(Percent Change From Same Quarter One Year Prior)
Decline Over 5% Decline 0 - 5% Increase 0 - 5%
Bankruptcy Filing Trends Calendar Year 2019 vs. 2018
D.C. Puerto Rico
National Average = .2% IncreaseIncrease Over 5%
-7.0%
