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The Honolulu Advertiser
Posted on: Thursday, August 13, 2009

Hawaii bankruptcy rate second lowest among 50 states

Advertiser Staff

Hawaiçi had the second-lowest bankruptcy filings per 1,000 people among the 50 states during the year that ended on June 30, though the rate is up from a year earlier.

The Administrative Office of the U.S. Courts released data showing thee were 2.07 bankruptcies here per 1,000 population between the start of July 2008 and the end of June 2009.
Only Alaska, with a ratio of 1.38, had a better rate. Nevada had the nation’s worst rate at 9.33 per 1,000 people during the 12-month period.
The statistics show Hawaii’s bankruptcy filings rose totaled 2,673 during the year ending June 30, a 68 percent gain from a year earlier.
Hawaiçi’s filing rate also increased from the prior year when there were 1.24 bankruptcies per 1,000 people.