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Georgia counties show frequent bankruptcy filings

A recent study was conducted to examine bankruptcy rates across the United States. Among other things, it found that many counties in Georgia are still struggling with bankruptcy, despite declining rates on a nationwide basis.

The study, which looked at how many people in each country had filed for bankruptcy per 100,000 people, thus making the rates even everywhere, examined data from 587 different counties. It then ranked them based on where bankruptcy was the most common, ultimately compiling a list of the 30 counties with the highest bankruptcy rates. Keep in mind that this was for the whole country. Even so, a full 10 of those 30 counties at the top of the list were in Georgia.

Georgia did not take home the No. 1 spot on the list, though it was close. Clayton County came in second overall, with 1,096.05 filings for every 100,000 people. Below are the rest of the rankings for Georgia:

-- No. 5: Henry County, with 861.44 filings per 100,000 people.

-- No. 6: Newton County, with 850.22 per 100,000.

-- No. 8: Douglas County, with 754.61 per 100,000.

-- No. 12: DeKalb County, with 673.66 per 100,000.

-- No. 22: Richmond County, with 600.27 per 100,000.

-- No. 23: Paulding County, with 562.64 per 100,000.

-- No. 26: Bartow County, with 545.79 per 100,000.

-- No. 27: Chatham County, with 535.77 per 100,000.

-- No. 30: Bibb County, with 529.51 filings per 100,000 people.

Georgia had four more counties in the top 50 and nine more in the top 100. As you can see, bankruptcy is quite common in the state, so it's important for those facing high levels of debt to know all of their options.

Source: Atlanta Patch, "Bankruptcy Rates in Georgia: Where Are People Struggling the Most?," Greg Hambrick, accessed Aug. 11, 2016

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