If you're having financial difficulties and live in Newfoundland & Labrador, call 709-758-5214 or 1-800-563-8337
today to meet one of our experts, or complete the ask a question form to send us a message and we'll get in contact
with you.
How Many People Go Bankrupt in St. John's Newfoundland and Labrador?
Presented below is a chart showing the number of consumer bankruptcies and proposals filed in St. John's, Newfoundland and Labrador in 2003 and 2004. as compiled by the Office of the Superintendent of Bankruptcy; full details availabe on their web site.
2004
Bankruptcies
Proposals
Total
St. John's
857
16
873
Newfoundland
2,320
27
2,347
Canada
84,426
15,551
99,977
2003
Bankruptcies
Proposals
Total
St. John's
779
10
789
Newfoundland
2,153
16
2,169
Canada
84,251
15,400
99,651
Change
Bankruptcies
Proposals
Total
St. John's
10.0%
60.0%
10.6%
Newfoundland
7.8%
68.8%
8.2%
Canada
0.2%
1.0%
0.3%
As the above chart indicates, the bankruptcy rate in Canada in 2004 was relatively unchanged.
Chart assembled from sources believed to be accurate; please review the source noted above for complete results. For further information, please contact us.