Orange County Bankruptcies Fall for 2011

In 2011, the total number of bankruptcy filings for Orange County was 18,372. This number was actually down from 18,863 bankruptcies filed in 2010. Though total filings were down, it should be noted that in 2006 (before the recession and housing market collapse) total filings in OC were 2,563.

For the 2011, the month of March saw the largest number of bankruptcy filings at 1,881. November was the month with the lowest number of filings with 1,365.

While bankruptcies filings decreased by -2.6% for Orange County, the surrounding areas saw larger decreases. In Los Angeles County filings were down -4.3%, and San Bernandino/Riverside Counties saw filings decrease by -6.4%.

Nationwide, bankruptcy filings were down by -11%.