An Empirical Study of Canadians Seeking Personal Bankruptcy Protection


Saul Schwartz, Leigh Anderson


Office of Consumer Affairs




There is no typical bankruptcy - so many different circumstances, so many different patterns of behaviour are at work that it is impossible to characterize any one as "typical." This study provides a detailed demographic sketch of individuals in bankruptcy with comparisons, where possible, to those of 20 years ago, the general population and Americans who have filed for bankruptcy protection. The study also examines the macro-economic dimensions of bankruptcy, investigating the relationships between bankruptcies and indebtedness, and compares individuals who have opted for credit counselling over bankruptcy.

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Contact information

Office of Consumer Affairs
Industry Canada
C.D. Howe Building
235 Queen Street, 2nd Floor, West Tower
Ottawa, ON  K1A 0H5
(613) 952-2534
(613) 952-6927

Source: Consumer Policy Research Database

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