Business and Personal Bankruptcy Ranking for Tennessee
The recession has hit Tennessee with business and personal Bankruptcies. Below in the table is the bankruptcy by chapter and type for 2nd quarter of 2009. Note the rank that Tennessee has by clicking on the highlighted link in blue. In the data below, Chapter 13 personal bankruptcy is the third worst in the nation in Tennessee.
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| Tennessee - Bankruptcy by Chapter and Type in Qtr:2 of 2009** | Number | Rank | Percent Distribution | Rank |
| Business Bankruptcy | ||||
| Total | 333 | 15 | 100.0% | |
| Chapter 7 | 219 | 16 | 65.8% | 37 |
| Chapter 11 | 88 | 10 | 26.4% | 10 |
| Chapter 12 | 7 | 4 | 2.1% | 13 |
| Chapter 13 | 19 | 20 | 5.7% | 33 |
| Personal Bankruptcy | ||||
| Total | 13,012 | 8 | 100.0% | |
| Chapter 7 | 6,704 | 12 | 51.5% | 47 |
| Chapter 11 | 21 | 5 | 0.2% | 7 |
| Chapter 13 | 6,287 | 3 | 48.3% | 5 |
**Source: Administrative Office of the U.S. Courts
In the table above, Tennessee has a rank of 8 for total personal bankruptcy. However if you consider the population, Tennessee is the 2nd worst state for bankruptcy per person in the 2nd quarter of 2009 as indicated in the table below.
| State | Population | Bankruptcies | Bankruptcy Rank per Person | Bankruptcy per Person |
| Nevada | 2,600,167 | 7,930 | 1 | 0.0030 |
| Tennessee | 6,214,888 | 13,012 | 2 | 0.0021 |
| Indiana | 6,376,792 | 12,885 | 3 | 0.0020 |
| Alabama | 4,661,900 | 8,508 | 4 | 0.0018 |
| Georgia | 9,685,744 | 17,585 | 5 | 0.0018 |
| Michigan | 10,003,422 | 17,690 | 6 | 0.0018 |
| Ohio | 11,485,910 | 18,418 | 7 | 0.0016 |
| Kentucky | 4,269,245 | 6,274 | 8 | 0.0015 |
| Colorado | 4,939,456 | 7,113 | 9 | 0.0014 |
| California | 36,756,666 | 51,239 | 10 | 0.0014 |
| Missouri | 5,911,605 | 8,149 | 11 | 0.0014 |
| Illinois | 12,901,563 | 17,740 | 12 | 0.0014 |
| Arkansas | 2,855,390 | 3,893 | 13 | 0.0014 |
| Utah | 2,736,424 | 3,664 | 14 | 0.0013 |
| Wisconsin | 5,627,967 | 7,505 | 15 | 0.0013 |
| Arizona | 6,500,180 | 8,646 | 16 | 0.0013 |
| Florida | 18,328,340 | 24,111 | 17 | 0.0013 |
| Oregon | 3,790,060 | 4,865 | 18 | 0.0013 |
| Idaho | 1,523,816 | 1,955 | 19 | 0.0013 |
| Rhode Island | 1,050,788 | 1,302 | 20 | 0.0012 |
| Mississippi | 2,938,618 | 3,494 | 21 | 0.0012 |
| Virginia | 7,769,089 | 9,149 | 22 | 0.0012 |
| Washington | 6,549,224 | 7,648 | 23 | 0.0012 |
| Maryland | 5,633,597 | 6,233 | 24 | 0.0011 |
| Nebraska | 1,783,432 | 1,903 | 25 | 0.0011 |
| Kansas | 2,802,134 | 2,933 | 26 | 0.0010 |
| Minnesota | 5,220,393 | 5,404 | 27 | 0.0010 |
| New Jersey | 8,682,661 | 8,763 | 28 | 0.0010 |
| Louisiana | 4,410,796 | 4,451 | 29 | 0.0010 |
| Oklahoma | 3,642,361 | 3,519 | 30 | 0.0010 |
| New Hampshire | 1,315,809 | 1,199 | 31 | 0.0009 |
| Iowa | 3,002,555 | 2,696 | 32 | 0.0009 |
| West Virginia | 1,814,468 | 1,607 | 33 | 0.0009 |
| Massachusetts | 6,497,967 | 5,455 | 34 | 0.0008 |
| Montana | 967,440 | 768 | 35 | 0.0008 |
| Delaware | 873,092 | 680 | 36 | 0.0008 |
| Maine | 1,316,456 | 1,011 | 37 | 0.0008 |
| New York | 19,490,297 | 14,867 | 38 | 0.0008 |
| Pennsylvania | 12,448,279 | 9,389 | 39 | 0.0008 |
| Connecticut | 3,501,252 | 2,575 | 40 | 0.0007 |
| North Carolina | 9,222,414 | 6,635 | 41 | 0.0007 |
| New Mexico | 1,984,356 | 1,419 | 42 | 0.0007 |
| Wyoming | 532,668 | 364 | 43 | 0.0007 |
| North Dakota | 641,481 | 429 | 44 | 0.0007 |
| South Dakota | 804,194 | 525 | 45 | 0.0007 |
| Vermont | 621,270 | 379 | 46 | 0.0006 |
| Hawaii | 1,288,198 | 752 | 47 | 0.0006 |
| Texas | 24,326,974 | 12,700 | 48 | 0.0005 |
| South Carolina | 4,479,800 | 2,278 | 49 | 0.0005 |
| District of Columbia | 591,833 | 285 | 50 | 0.0005 |
| Alaska | 686,293 | 241 | 51 | 0.0004 |