F. Other Indicators

3rd Quarter 2024 Report

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The total number of bankruptcy filings in Hawaii increased by 5.2 percent or by 14 cases for the second quarter of 2024, from the same quarter of 2023. In the first half of 2024, total filings increased 17.5 percent or 88 cases from the same period of the previous year.

The number of Chapter 7 filings, the largest category, increased by 17.3 percent or by 28 cases in the second quarter of 2024. Chapter 7 filings are intended to liquidate assets and discharge debt. In the first half of 2024, Chapter 7 filings increased 18.8 percent or 60 cases from the same period of the previous year.

Chapter 11 filings decreased from 3 cases in the second quarter of 2023 to 1 case in the second quarter of 2024. In the first half of 2024, Chapter 11 filings decreased to 1 case from 3 cases in the same period of the previous year. Chapter 11 filings involve the structuring of repayment plans for companies.

Chapter 13 filings decreased by 11.4 percent or 12 cases in the second quarter of 2024, from the same quarter of 2023. In the first half of 2024, Chapter 13 filings increased 16.0 percent or 29 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

Bankruptcies