Bankruptcy is something that affects thousands of people in Ontario every year. Every few years the Ontario Superintendent of Bankruptcy releases a set of detailed statistics about bankruptcies in the province. Every year, about 44000 Ontarians find themselves in a bankruptcy situation. Many leading causes for bankruptcy are personal issues, such as divorce or health related problems. Bankruptcy can lead to foreclosure or power of sale.
For your viewing pleasure, we’ve created an easy to ready infographic to display 2013’s bankruptcy statistics:
Statistics Source: https://bankruptcy-ontario.org/bankruptcy-in-ontario/bankruptcy-statistics/
