F. Other Indicators

1st Quarter 2024 Report

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The total number of bankruptcy filings in Hawaii increased 9.1 percent or by 22 cases for the fourth quarter of 2023, from the same quarter of 2022. In 2023, total filings increased 9.6 percent or 93 cases from the same period of the previous year.

The number of Chapter 7 filings, the largest category, increased 15.4 percent or 23 cases in the fourth quarter of 2023. Chapter 7 filings are intended to liquidate assets and discharge debt. In 2023, Chapter 7 filings increased 9.8 percent or 61 cases from the same period of the previous year.

Chapter 11 filings decreased from 7 cases in the fourth quarter of 2022 to 4 cases in the fourth quarter of 2023. In 2023, Chapter 11 filings decreased to 7 cases from 14 cases in the same period of the previous year. Chapter 11 filings involve the structuring of repayment plans for companies.

Chapter 13 filings increased 2.3 percent or 2 cases in the fourth quarter of 2023, from the same quarter of 2022. In 2023, Chapter 13 filings increased 11.9 percent or 39 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