January 2018 - Personal Bankruptcy & Consumer Proposal Statistics

 January 2018 - Personal Bankruptcy & Consumer Proposal Statistics

January 2018 - Personal Bankruptcy & Consumer Proposal Statistics

On March 29, 2018, the Office of the Superintendent of Bankruptcy released its most current statistics on personal bankruptcy and consumer proposal filings for Canadian debtors.

Canada - there were 57,739 personal bankruptcies and 64,724 consumer proposals filed in the 12-months ended January 31, 2018.  Personal bankruptcies were down 8.8% and consumer proposal filings were up 3.0% as compared to the 12-months ended January 31, 2017.  There were 4,142 personal bankruptcies and 4,449 consumer proposal filed in Canada in the month of January 2018.

New Brunswick - there were 2,490 personal bankruptcies and 1,917 consumer proposals filed in the 12-months ended January 31, 2018.  Personal bankruptcies were down 14.5% and consumer proposal filings were up 19.8% as compared to the 12-months ended January 31, 2017.  There were 130 personal bankruptcies and 147 consumer proposal filed in New Brunswick in the month of January 2018.

Nova Scotia - there were 3,799 personal bankruptcies and 1,937 consumer proposals filed in the 12-months ended January 31, 2018.  Personal bankruptcies were down 11.3% and consumer proposal filings were up 6.9% as compared to the 12-months ended January 31, 2017.  There were 224 personal bankruptcies and 149 consumer proposal filed in Nova Scotia in the month of January 2018.

Prince Edward Island - there were 402 personal bankruptcies and 286 consumer proposals filed in the 12-months ended January 31, 2018.  Personal bankruptcies were down 19.0% and consumer proposal filings were down 6.8% as compared to the 12-months ended January 31, 2017.  There were 24 personal bankruptcies and 20 consumer proposal filed in Canada in the month of January 2018.

 January 2018 - Personal Bankruptcy & Consumer Proposal Statistics

January 2018 - Personal Bankruptcy & Consumer Proposal Statistics

Matt Munro