F. Other Indicators

3rd Quarter 2022 Report

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The total number of bankruptcy filings in Hawaii declined 37.1 percent or by 128 cases for the second quarter of 2022, from the same quarter of 2021. In the first half of 2022, total filings declined 32.0 percent or 216 cases from the same period of the previous year.

The number of Chapter 7 filings, the largest category, decreased 41.4 percent or 104 cases in the second quarter of 2022. Chapter 7 filings are intended to liquidate assets and discharge debt. In the first half of 2022, Chapter 7 filings decreased 39.1 percent or 195 cases from the same period of the previous year.

Chapter 11 filings was zero case in the second quarter of 2021 and remained to be zero case in the second quarter of 2022. In the first
half of 2022, Chapter 11 filings increased to 2 cases from 8 cases in the same period of the previous year. Chapter 11 filings involve the structuring of repayment plans for companies.

Chapter 13 filings decreased 25.5 percent or 24 cases in the second quarter of 2022, from the same quarter of 2021. In the first half of 2022, Chapter 13 filings declined 8.9 percent or 15 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