Posts Tagged ‘lease’

2020 Surplus Income Standards

The Government of Canada has set net monthly income thresholds for a person or family to maintain a minimal standard of living in Canada. Every dollar that a bankrupt family makes above this level is subject to a surplus income payment of 50% while a person remains bankrupt.

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January 2020 – Personal Bankruptcy & Consumer Proposal Statistics

Canada – Personal bankruptcies were down 1.7% and consumer proposal filings were up 18.7% as compared to the 12-months ended January 31, 2019.

New Brunswick – Personal bankruptcies were up 2.3% and consumer proposal filings were up 13.0% as compared to the 12-months ended January 31, 2019.

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December 2019 – Personal Bankruptcy & Consumer Proposal Statistics

Canada – Personal bankruptcies were down 1.2% and consumer proposal filings were up 17.9% as compared to the 12-months ended December 31, 2018.

New Brunswick – Personal bankruptcies were up 3.6% and consumer proposal filings were up 13.1% as compared to the 12-months ended December 31, 2018.

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November 2019 – Personal Bankruptcy & Consumer Proposal Statistics

Canada – Personal bankruptcies were down 1.9% and consumer proposal filings were up 17.4% as compared to the 12-months ended November 30, 2018.

New Brunswick – Personal bankruptcies were up 4.4% and consumer proposal filings were up 11.6% as compared to the 12-months ended November 30, 2018.

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Licensed Pros Provide Options for Student Loan Debt

By consulting a Licensed Insolvency Trustee (“LIT”), you can receive advice about all of your student loan repayment options, not only the options offered by the National Student Loan Service Centre or your financial institution.

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October 2019 – Personal Bankruptcy & Consumer Proposal Statistics

Canada – Personal bankruptcies were down 1.9% and consumer proposal filings were up 17.7% as compared to the 12-months ended October 31, 2018.

New Brunswick – Personal bankruptcies were up 8.6% and consumer proposal filings were up 4.7% as compared to the 12-months ended October 31, 2018.

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September 2019 – Personal Bankruptcy & Consumer Proposal Statistics

Canada – Personal bankruptcies were down 1.8% and consumer proposal filings were up 17.0% as compared to the 12-months ended September 30, 2018.

New Brunswick – Personal bankruptcies were up 5.6% and consumer proposal filings were up 14.5% as compared to the 12-months ended September 30, 2018.

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August 2019 – Personal Bankruptcy & Consumer Proposal Statistics

Canada – Personal bankruptcies were down 2.9% and consumer proposal filings were up 14.9% as compared to the 12-months ended August 31, 2018.

New Brunswick – Personal bankruptcies were up 5.6% and consumer proposal filings were up 13.6% as compared to the 12-months ended August 31, 2018.

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July 2019 – Personal Bankruptcy & Consumer Proposal Statistics

Canada – Personal bankruptcies were down 2.8% and consumer proposal filings were up 14.3% as compared to the 12-months ended July 31, 2018.

New Brunswick – Personal bankruptcies were up 3.2% and consumer proposal filings were up 15.5% as compared to the 12-months ended July 31, 2018.

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June 2019 – Personal Bankruptcy & Consumer Proposal Statistics

Canada – Personal bankruptcies were down 2.8% and consumer proposal filings were up 12.7% as compared to the 12-months ended June 30, 2018.

New Brunswick – Personal bankruptcies were up 4.7% and consumer proposal filings were up 16.4% as compared to the 12-months ended June 30, 2018.

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