Good for creditors, bad for debtors: Not enough Canadians are filing for bankruptcy, new research argues
- Posted on February 18, 2025
- By The Globe and Mail
- 6 Views
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Good for creditors, bad for debtors: Not enough Canadians are filing for bankruptcy, new research argues
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The share of borrowers choosing to file a consumer proposal instead of a bankruptcy has risen from around 20 per cent in 2009 to roughly 80 per cent in 2023