Of those who filed for Chapter 7 bankruptcy in 2020, 49 percent of their total debt was student loan debt. Unfortunately, it is very difficult to discharge student loan debt via Chapter 7 bankruptcy, so many of these filers may still have to pay back their student loan debt.
Breakdown of total debt held by Chapter 7 bankruptcy filers in the United States in 2020
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Other statistics that may interest you Bankruptcy in the U.S.
Overview
5
- Basic Statistic U.S. number of bankruptcy filings nationwide 2007-2022, by chapter
- Premium Statistic U.S. number of personal bankruptcy filings nationwide 2000-2022
- Premium Statistic U.S. number of business bankruptcy filings nationwide 2000-2022
- Premium Statistic U.S. bankruptcy filings 2022, by state
- Premium Statistic U.S. personal bankruptcy rate 2022, by state
Chapter 7
4
- Premium Statistic U.S. number of Chapter 7 bankruptcy filings 2007-2022, by debtor
- Premium Statistic U.S. share of consumer bankruptcy filings 1988-2022
- Premium Statistic U.S. Chapter 7 bankruptcy filings 2022, by state
- Premium Statistic U.S. share of total debt held by bankruptcy filers 2020, by type
Chapter 11
5
- Premium Statistic U.S. number of Chapter 11 bankruptcy filings 2007-2022, by debtor
- Premium Statistic U.S. Chapter 11 bankruptcy filings 2022, by state
- Premium Statistic U.S. share of business bankruptcies 2014-2021, by industry
- Premium Statistic U.S. liabilities of companies filing for Chapter 11 bankruptcy 2010-2021
- Basic Statistic Largest bankruptcies in the U.S. as of February 2024, by assets
Other Chapters
3
Further related statistics
17
- Household debt in the U.S. 2008-2013, by debt category
- Number of graduates with a student debt in the Netherlands 2009-2017
- Type of debt owned by African Americans 2016
- Average student debt in the Netherlands 2012-2023
- Value of debt owned by households in the U.S. 2015, by type
- Types of debt paid for adult children by parents in the U.S. 2017
- Type of debt owned in the U.S. 2016
- Total student debt in the Netherlands 2009-2017
- Type of debt owned by Hispanics in the U.S. 2016
- Loans and debts owned by college students in the U.S. 2015
- Number of self-employment bankruptcies in England and Wales 2019-2023
- Number of bankruptcy discharges in Singapore 2014-2023
- Main activities of the bankrupt companies Barcelona 2015
- Bankrupt debtors in Spain 2005-2020
- Types of debt held by Canadians 2015
- Number of business bankruptcy filings in Wisconsin, 2011-2019
- U.S. number of business bankruptcy filings in Michigan 2011-2022
Further Content: You might find this interesting as well
Statistics
- Household debt in the U.S. 2008-2013, by debt category
- Number of graduates with a student debt in the Netherlands 2009-2017
- Type of debt owned by African Americans 2016
- Average student debt in the Netherlands 2012-2023
- Value of debt owned by households in the U.S. 2015, by type
- Types of debt paid for adult children by parents in the U.S. 2017
- Type of debt owned in the U.S. 2016
- Total student debt in the Netherlands 2009-2017
- Type of debt owned by Hispanics in the U.S. 2016
- Loans and debts owned by college students in the U.S. 2015
- Number of self-employment bankruptcies in England and Wales 2019-2023
- Number of bankruptcy discharges in Singapore 2014-2023
- Main activities of the bankrupt companies Barcelona 2015
- Bankrupt debtors in Spain 2005-2020
- Types of debt held by Canadians 2015
- Number of business bankruptcy filings in Wisconsin, 2011-2019
- U.S. number of business bankruptcy filings in Michigan 2011-2022
LendEDU. (September 25, 2020). Breakdown of total debt held by Chapter 7 bankruptcy filers in the United States in 2020 [Graph]. In Statista. Retrieved June 10, 2024, from https://internal.statista.com/statistics/1082890/share-total-debt-bankruptcy-filers-type-us/
LendEDU. "Breakdown of total debt held by Chapter 7 bankruptcy filers in the United States in 2020." Chart. September 25, 2020. Statista. Accessed June 10, 2024. https://internal.statista.com/statistics/1082890/share-total-debt-bankruptcy-filers-type-us/
LendEDU. (2020). Breakdown of total debt held by Chapter 7 bankruptcy filers in the United States in 2020. Statista. Statista Inc.. Accessed: June 10, 2024. https://internal.statista.com/statistics/1082890/share-total-debt-bankruptcy-filers-type-us/
LendEDU. "Breakdown of Total Debt Held by Chapter 7 Bankruptcy Filers in The United States in 2020." Statista, Statista Inc., 25 Sep 2020, https://internal.statista.com/statistics/1082890/share-total-debt-bankruptcy-filers-type-us/
LendEDU, Breakdown of total debt held by Chapter 7 bankruptcy filers in the United States in 2020 Statista, https://internal.statista.com/statistics/1082890/share-total-debt-bankruptcy-filers-type-us/ (last visited June 10, 2024)
Breakdown of total debt held by Chapter 7 bankruptcy filers in the United States in 2020 [Graph], LendEDU, September 25, 2020. [Online]. Available: https://internal.statista.com/statistics/1082890/share-total-debt-bankruptcy-filers-type-us/