F. Other Indicators
4th Quarter 2024 Report
Download Data Table (spreadsheet)
The total number of bankruptcy filings in Hawaii increased 8.2 percent or by 24 cases for the third quarter of 2024, from the same quarter of 2023. In the first three quarters of 2024, total filings increased 14.1 percent or 112 cases from the same period of the previous year.
The number of Chapter 7 filings, the largest category, decreased 2.6 percent or 5 cases in the third quarter of 2024. Chapter 7 filings are intended to liquidate assets and discharge debt. In the first three quarters of 2024, Chapter 7 filings increased 10.7 percent or 55 cases from the same period of the previous year.
Chapter 11 filings increased from zero cases in the third quarter of 2023 to 3 cases in the third quarter of 2024. In the first three quarters of 2024, Chapter 11 filings increased from 3 cases to 4 cases or by 33.3 percent compared to the same period of the previous year. Chapter 11 filings involve the structuring of repayment plans for companies.
Chapter 13 filings increased 26.5 percent or 26 cases in the third quarter of 2024, from the same quarter of 2023. In the first three quarters of 2024, Chapter 13 filings increased 19.7 percent or 55 cases from the same period of the previous year. Chapter 13 bankruptcy allows debtors to work out repayment arrangements with creditors.
For quarterly bankruptcy statistics, see: https://www.uscourts.gov/statistics-reports/caseload-statistics-data-tables
For District of Hawaii monthly statistics, see: www.hib.uscourts.gov/stats/index_stats.html
