Canada Bankruptcy News
Bankruptcies on the rise; Record year in 2009 likely to be worse in 2010
Kelowna.com
January 25th, 2010
Even if the local economy picks up, "there are still a significant number of people grappling with unemployment and lots of debt."
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Debt threats
Canada.com
Credit-loving Canadians are finding themselves increasingly in hock. It's not a crisis yet, but warning signs are plentiful.
Bankruptcy trustee Guylaine Houle: "A lot of young people are going bankrupt as a result of not finding work in their field after they graduated. Some have student loans and the banks are harassing them."
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Some long-term costs of declaring personal bankruptcy
The Globe & Mail
May 14, 2009
I may be joining the growing list of individuals who declare personal bankruptcy. What are the long-term consequences of doing this, after I get back on my feet?
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Canada Bankruptcies Jump 52 Percent in March as Economy Shrinks
The Globe & Mail
May 12, 2009
Canadian bankruptcies jumped in March from a year ago as more consumers struggled to pay their bills amid the country’s first recession since 1992.
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