Bankruptcies Fall in November, 2006.

2005 Bankruptcy StatisticsThe latest bankruptcy statistics for November, 2006 were released on the internet by Industry Canada on January 9, 2007.

Consumer bankruptcies fell 8.4% (6,946/7,580);

Business bankruptcies fell 6.4% (544/581);

Proposals rose 4.5% (1,870/1,789);

Overall, Insolvencies fell 5.9% (9,360/9,950).

Year to date:

Consumer bankruptcies were down 6.2%

Business bankruptcy were down 10.2%

Proposals were up 5.2%

Total insolvencies were down 4.5%.

For more information and more detailed analysis please refer to this site.

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