Hardie & Kelly Relief from Debt  Blog Relief from Debt Blog

Consumer Insolvencies jump 43% in Alberta April through June 2016

Consumer insolvencies rose in Alberta in the second quarter of this year by 43 per cent compared to last year, according to statistics released by the Superintendent of Bankruptcy. In Calgary, consumer insolvencies rose by 41.7 per cent over the past year.
Although Consumer bankruptcies increased by 32.4 per cent in Alberta, Consumer Proposal filings — where you can settle your debts with your creditors under a formal agreement usually for a small percentage of the original amount— are up 51.5 per cent from 2015.
A Consumer Proposal allows for consolidation of unsecured debt into one manageable monthly payment usually for a small portion of the original debt at no interest or penalty. There are NO upfront fess. If you are experiencing financial difficulties, call Hardie & Kelly Inc at 403-777-9999. We can help you find a solution!

Previous: "Solve Your Debt Problems With A Consumer Proposal" Next: "Break The Credit Card Debt Cycle"