December 2017 - Personal Bankruptcy & Consumer Proposal Statistics

 December 2017 - Personal Bankruptcy & Consumer Proposal Statistics

December 2017 - Personal Bankruptcy & Consumer Proposal Statistics

On February 28, 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 57,969 personal bankruptcies and 64,229 consumer proposals filed in the 12-months ended December 31, 2017.  Personal bankruptcies were down 8.5% and consumer proposal filings were up 2.8% as compared to the 12-months ended December 31, 2016.  There were 4,142 personal bankruptcies and 4,449 consumer proposal filed in Canada in the month of December 2017.

New Brunswick - there were 2,457 personal bankruptcies and 1,904 consumer proposals filed in the 12-months ended December 31, 2017.  Personal bankruptcies were down 15.4% and consumer proposal filings were up 23.8% as compared to the 12-months ended December 31, 2016.  There were 189 personal bankruptcies and 162 consumer proposal filed in New Brunswick in the month of December 2017.

Nova Scotia - there were 3,807 personal bankruptcies and 1,917 consumer proposals filed in the 12-months ended December 31, 2017.  Personal bankruptcies were down 9.2% and consumer proposal filings were up 9.1% as compared to the 12-months ended December 31, 2016.  There were 259 personal bankruptcies and 113 consumer proposal filed in Nova Scotia in the month of December 2017.

Prince Edward Island - there were 387 personal bankruptcies and 286 consumer proposals filed in the 12-months ended December 31, 2017.  Personal bankruptcies were down 22.6% and consumer proposal filings were down 5.3% as compared to the 12-months ended December 31, 2016.  There were 21 personal bankruptcies and 21 consumer proposal filed in Canada in the month of December 2017.

 December 2017 - Personal Bankruptcy & Consumer Proposal Statistics

December 2017 - Personal Bankruptcy & Consumer Proposal Statistics