Sale-by-Tender – Zengo Inc. / RuptureSeal

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Canadian & US patents, equipment, inventory & parts for production of Ruptureseal; an industrial, marine, or RV leak stopping device.. Bids must be received before 1:00 pm, July 12, 2019.

April 2019 – Personal Bankruptcy & Consumer Proposal Statistics

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Canada – Personal bankruptcies were down 3.3% and consumer proposal filings were up 11.2% as compared to the 12-months ended April 30, 2018. New Brunswick – Personal bankruptcies were up 0.3% and consumer proposal filings were up 17.1% as compared to the 12-months ended April 30, 2018.

March 2019 – Personal Bankruptcy & Consumer Proposal Statistics

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Canada – Personal bankruptcies were down 3.9% and consumer proposal filings were up 12.9% as compared to the 12-months ended March 31, 2018. New Brunswick – Personal bankruptcies were up 8.5% and consumer proposal filings were down 1.0% as compared to the 12-months ended March 31, 2018.

When Small Business Owners Run Into Financial Trouble, What They Need is Help

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We believe that entrepreneurs should be encouraged and supported, particularly when they run into financial difficulty.

2019 Surplus Income Standards

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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.

February 2019 – Personal Bankruptcy & Consumer Proposal Statistics

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Canada – Personal bankruptcies were down 5.7% and consumer proposal filings were up 14.3% as compared to the 12-months ended February 28, 2018. New Brunswick – Personal bankruptcies were up 22.8% and consumer proposal filings were up 23.5% as compared to the 12-months ended February 28, 2018.

January 2019 – Personal Bankruptcy & Consumer Proposal Statistics

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Canada – Personal bankruptcies were down 4.5% and consumer proposal filings were up 9.4% as compared to the 12-months ended January 31, 2018. New Brunswick – Personal bankruptcies were down 6.7% and consumer proposal filings were up 18.9% as compared to the 12-months ended January 31, 2018.