Why are More Seniors Filing Bankruptcy in Canada?
October 18th, 2010 by A Licensed Insolvency Trustee
This week the Office of the Superintendent of Bankruptcy released statistics stating that an increasing number of senior citizens are filing for bankruptcy in Canada. Here’s a quote from the report: From 1989 to 2009, the proportion of insolvent consumers between 18 and 34 years of age has fallen steadily (from 12.9 percent to 4.4 […]