December 2018 - Personal Bankruptcy & Consumer Proposal Statistics

December 2018 - Personal Bankruptcy & Consumer Proposal Statistics

December 2018 - Personal Bankruptcy & Consumer Proposal Statistics

On February 8 2019, 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 55,091 personal bankruptcies and 70,175 consumer proposals filed in the 12-months ended December 31, 2018.  Personal bankruptcies were down 5.0% and consumer proposal filings were up 9.3% as compared to the 12-months ended December 31, 2017.  There were 3,852 personal bankruptcies and 5,087 consumer proposal filed in Canada in the month of December 2018.

New Brunswick - there were 2,262 personal bankruptcies and 2,218 consumer proposals filed in the 12-months ended December 31, 2018.  Personal bankruptcies were down 7.9% and consumer proposal filings were up 16.5% as compared to the 12-months ended December 31, 2017.  There were 178 personal bankruptcies and 159 consumer proposal filed in New Brunswick in the month of December 2018.

Nova Scotia - there were 3,483 personal bankruptcies and 2,112 consumer proposals filed in the 12-months ended December 31, 2018.  Personal bankruptcies were down 8.5% and consumer proposal filings were up 10.2% as compared to the 12-months ended December 31, 2017.  There were 240 personal bankruptcies and 146 consumer proposal filed in Nova Scotia in the month of December 2018.

Prince Edward Island - there were 426 personal bankruptcies and 305 consumer proposals filed in the 12-months ended December 31, 2018.  Personal bankruptcies were up 10.1% and consumer proposal filings were up 6.6% as compared to the 12-months ended December 31, 2017.  There were 34 personal bankruptcies and 28 consumer proposal filed in Canada in the month of December 2018.

December 2018 - Personal Bankruptcy & Consumer Proposal Statistics