Bankruptcy Statistics
You are not the only person in financial trouble.
In 2005, over 100,000 consumer filings were made in Canada. This means over 100,000 people filed bankruptcies or proposals under the Bankruptcy and Insolvency Act.
In London, the filing rate dropped by 13% from 323 in 2004 to 281 in 2005. This can be explained by people continuing to hold their jobs, low interest rates and new employment opportunities in the London area.
Should you be someone who is not able to continue fulfilling your debt obligations, please contact us at 310-PLAN in order to discuss your options.
