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Canada – Insolvencies continue to decline, personal bankruptcies declined 25.0% and consumer proposal filings declined 7.6% as compared to the 12-months ended August 31, 2019.
New Brunswick – Insolvencies continue to decline, personal bankruptcies were down 26.7% and consumer proposal filings were down 11.7% as compared to the 12-months ended August 31, 2019.
Canada – Personal bankruptcies were down 21.1% and consumer proposal filings were down 3.1% as compared to the 12-months ended July 31, 2019.
New Brunswick – Personal bankruptcies were down 22.5% and consumer proposal filings were down 10.0% as compared to the 12-months ended July 31, 2019.
Canada – Personal bankruptcies were down 16.8% and consumer proposal filings were up 2.4% as compared to the 12-months ended June 30, 2020.
New Brunswick – Personal bankruptcies were down 19.0% and consumer proposal filings were down 4.3% as compared to the 12-months ended June 30, 2020.
Canada – Personal bankruptcies were down 13.4% and consumer proposal filings were up 6.8% as compared to the 12-months ended May 31, 2020.
New Brunswick – Personal bankruptcies were down 13.8% and consumer proposal filings were up 4.6% as compared to the 12-months ended May 31, 2020.
Canada – Personal bankruptcies were down 7.9% and consumer proposal filings were up 12.7% as compared to the 12-months ended April 30, 2020.
New Brunswick – Personal bankruptcies were down 7.2% and consumer proposal filings were up 9.1% as compared to the 12-months ended April 30, 2020.
Canada – Personal bankruptcies were down 3.0% and consumer proposal filings were up 17.5% as compared to the 12-months ended March 31, 2020.
New Brunswick – Personal bankruptcies were down 2.3% and consumer proposal filings were up 14.9% as compared to the 12-months ended March 31, 2020.
Canada – Personal bankruptcies were down 1.7% and consumer proposal filings were up 19.0% as compared to the 12-months ended February 28, 2019.
New Brunswick – Personal bankruptcies were up 0.3% and consumer proposal filings were up 12.8% as compared to the 12-months ended February 28, 2019.
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.
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.
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.
