Bankruptcy Canada

The Latest Canadian Insolvency Statistics – We meet them everyday

Bankruptcy - Canadian Insolvency Statistics Canada’s bankruptcy rate has risen over the last five years as set out below: Bankruptcies and Proposals: 2012-2016 2012 2013 2014 2015 2016 Cons. Bank. 71,495 69,224 64,839 63,406 63,372  Bus. Bank. 3,236 3,187 3,116 3,089 2,884 Proposals 48,020 50,548

Debt Consultants Taking Advantage of Vulnerable Consumers

Debt Consultants review a consumer's debt and commonly design proposals (or bankruptcy) that the consumer can take to a Licensed Insolvency Trustee.   Need Help Reviewing Your Financial Situation?Contact a Licensed Trustee for a Free Debt Relief Evaluation Call 877-879-4770 or Schedule Your Free Consultation

Insolvency – Learn More About Canadian Insolvency

Insolvency means that you are in the state of being insolvent which means you have the inability to pay your debts as they become due and you must also owe at least $1,000 to your creditors. Need Help Reviewing Your Financial Situation? Contact a