Comments on: Ontario Consumer Insolvencies Jump Higher With The Lion’s Share In Toronto https://betterdwelling.com/ontario-consumer-insolvencies-jump-higher-with-the-lions-share-in-toronto/ Canada’s Fastest Growing Real Estate News Source Tue, 09 Aug 2022 19:02:16 +0000 hourly 1 By: DG https://betterdwelling.com/ontario-consumer-insolvencies-jump-higher-with-the-lions-share-in-toronto/#comment-85110 Tue, 09 Aug 2022 19:02:16 +0000 https://betterdwelling.com/?p=21583#comment-85110 In reply to Tom.

Useful to know! Thanks Tom.

]]> By: Tom https://betterdwelling.com/ontario-consumer-insolvencies-jump-higher-with-the-lions-share-in-toronto/#comment-85039 Fri, 05 Aug 2022 18:38:09 +0000 https://betterdwelling.com/?p=21583#comment-85039 It should be noted insolvency filings also underreport the issue of household debt failure. Our bank (a Big Six) doesn’t pursue small debts these days, and many people never file a filing but just ignore the actual situation and hope it goes away.

In a way, insolvency filings are better than silent failure since it usually involves people mitigating problems before they get too bad.

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