Personal Bankruptcies Decline in January

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The good news is consumer bankruptcies are down across Canada. OSB received 3,981 bankruptcy filings in January, a decline of 3.89% from the month before. This represents a 5.46% decline compared to the same month last year. Bankruptcies in Canada peaked in March 2011, and have been trending lower since.

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BC bankruptcies declined 17% while proposals increased 3.2%. A similar trend in Ontario saw proposals increase 3.3% and personal bankruptcies decline 5.9%. That’s good news. A consumer proposal is a deal you make with your creditors, so for many people it’s better than a bankruptcy.

A lawsuit filed by the state of Massachusetts claims the Sacklers transferred more than $4 billion from the company to personal accounts between 2008. Now, as the maker of OxyContin heads to.

Unintended Consequence: How the ACA has decreased personal bankruptcies. By 2016, that number had dropped to 770,846 – almost a 50 percent decrease. Over the same period, North Carolina saw a decrease of about 44 percent in the number of total bankruptcies, a trend that is rippling across the health care industry.

South Florida’s consumer bankruptcies in January fell 3 percent to 2,237 from 2,309 the same month a year ago, according to the bankruptcy court in Miami. In Broward County, there were 674.

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There were 448 personal bankruptcies last year according to the state’s insolvency. said lenders such as Bank of Ireland had “a veto” when it came to certain PIAs and could decline proposals. “In.

NEW YORK (AP) – Barneys New York is filing for Chapter 11 bankruptcy protection. a loss and a sales decline in its most recent quarter. After 104 years, Lord & Taylor’s flagship store on Fifth.

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