Bankruptcies Drop in May, 2006.

If you fail to conduct yourself properly prior to bankruptcy you put yourself in the position of having your bankruptcy discharge postponed or denied and facing severe fines by the court.

CIBC forecasts bankruptcy rate jumping in ‘07

Canada’s Office of Consumer Affairs is undertaking the funding of a study on Credit Counsellors in order to ensure that consumers are well served and to reduce the risk of fraud or conflict of interest. Consumer Affairs was prompted to take this step by the widespread abuses of the credit counselling industry in the United States.