June 2015 Bankruptcy & Consumer Proposal Statistics

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June 2015 Bankruptcy & Consumer Proposal Statistics

B&PStats
B&PStats

On August 31, 2015, the Office of the Superintendent of Bankruptcy released its most current statistics on bankruptcy and proposal filings for Canadian consumer debtors.

Canada - there were 63,652 personal bankruptcies and 55,284 proposals filed in the 12-months ended June 30, 2015 for average total filings of approximately 9,911 per month.  Bankruptcies were down 5.3% and proposal filings were up 9.2% as compared to the 12-months ended June 30, 2014.

New Brunswick - there were 2,913 personal bankruptcies and 1,378 proposals filed in the 12-months ended June 30, 2015 for average total filings of approximately 358 per month.  Bankruptcies were up 0.4% and proposal filings were up 10.3% as compared to the 12-months ended June 30, 2014.

Nova Scotia - there were 3,705 personal bankruptcies and 1,504 proposals filed in the 12-months ended June 30, 2015 for average total filings of approximately 434 per month.  Bankruptcies were up 8.2% and proposal filings were up 1.7% as compared to the 12-months ended June 30, 2014.

Prince Edward Island - there were 511 personal bankruptcies and 245 proposals filed in the 12-months ended June 30, 2015 for average total filings of approximately 63 per month.  Bankruptcies were up 8.3% and proposal filings were up 16.7% as compared to the 12-months ended June 30, 2014.

More detailed statistics are in the following table:

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150630

Powell Associates Ltd. is a licensed trustee in bankruptcy focused on providing debt settlement, proposal and bankruptcy solutions for individuals and businesses.  We offer free consultations to review your personal financial situation and practical debt resolution options.  Contact us to discuss your situation over the phone or book an appointment to meet us face-to-face in Saint John, Moncton, Fredericton or Charlottetown - it's your choice.