Kentucky Debtors in Bankruptcy Have Among the Lowest Average Assets ...

The inaccurately named "Bankruptcy Abuse Prevention and Consumer Protection Act of 2005" mandates the United States Courts to track certain statistics. Pursuant to that mandate, the Administrative Office of the Courts recently released a Report regarding 2009 statistics for consumer bankruptcies. The Report and Statistics reveal that both the average assets and average debts listed by debtors in Kentucky are close to the lowest in the United States. Consumer bankruptcy debtors in the Western District of Kentucky listed average assets of $90,159 and average debts of $135,614. An Interactive Map created by the Administrative Office of the Courts allows easy review of the statistics for each District.