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Cambridge Ontario Canada Bankruptcy Statistics for 2005

 

Posted on Thursday, February 16, 2006

How many people declared personal bankruptcy or filed a consumer proposal in Cambridge, Ontario in 2005?

In statistics just released by the Office of the Superintendent of Bankruptcy, in the city of Cambridge, Ontario for the year 2005, a total of 347 individuals filed personal bankruptcy, and an additional 124 people filed consumer proposals.

I was the trustee or administrator on over one third of those filings, making Hoyes Michalos & Associates Inc. the most active trustee firm in Cambridge, Ontario in 2005.

While these are high numbers, remember that at Hoyes Michalos each person is treated as an individual. I understand that every person's situation is unique, so I encourage you to e-mail me a question or give our Cambridge office a call at 622-3773 or 310-PLAN to arrange a meeting to discuss your situation in more detail.

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