Wednesday, January 5, 2011

Bankruptcies top 1.5 million in 2010 = Personal BKs, by State

[mEDITate-OR:
be blinded by the obvious...
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Red states are West of the Rocky Mountains.
Blue states are just to the East of the Rocky Mountains.
Black states are the other sand state-foreclosure states.
Michigan & Florida
and The Government
New York, WA DC and Maryland
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The WEST is being cannibalized.
bad RE loans, underwater home equity, high unemployment, high BKs...
"Go West young man." is now suicidal.
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2010 Bankruptcy Filings, By State
A state-by-state ranking of the percent change in bankruptcy filings last year, compared to 2009.
1. Hawaii: 22%
2. Utah: 19%
3. California: 19%
4. Arizona: 18%
5. Colorado: 14%
6. Florida: 13%
7. Wyoming: 13%
8. Maryland: 12%
9. New Jersey: 12%
10. Alaska: 11%
11. Massachusetts: 11%
12. Montana: 11%
13. Connecticut: 10%
14. Illinois: 10%
15. District of Columbia: 9%
16. Delaware: 9%
17. Wisconsin: 9%
18. Oregon: 9%
19. Washington: 8%
20. Maine: 8%
21. Idaho: 8%
22. South Dakota: 7%
23. Rhode Island: 7%
24. New Hampshire: 7%
25. New Mexico: 7%
26. Missouri: 6%
27. Georgia: 5%
28. Vermont: 5%
29. Texas: 5%
30. Nebraska: 5%
31. Oklahoma: 4%
32. North Dakota: 4%
33. Pennsylvania: 4%
34. Minnesota: 4%
35. Kansas: 2%
36. Virginia: 2%
37. Louisiana: 2%
38. Nevada: 1%
39. Ohio: 0%
40. Arkansas: 0%
41. Michigan: -1%
42. New York: -2%
43. Indiana: -2%
44. Alabama: -2%
45. Mississippi: -3%
46. Kentucky: -3%
47. Iowa: -3%
48. North Carolina: -4%
49. South Carolina: -5%
50. Tennessee: -8%
51. West Virginia: -10%
—The Associated Press
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Personal Bankruptcies in 2010, by State
http://www.npr.org/2011/01/04/132658705/surge-in-bankruptcies-shows-signs-of-slowing
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