Bankruptcies soar above 50% in June 2009 in Canada

The recession is hurting many. Losing jobs can lead to the downfall of so many parts of our lives especially if we have debt. In most likelihood we all have some sort of debt from credit card balances to car loans and mortgages. This number is most likely reflected in most nations around the world as we are all in the same boat to some extent. http://www.cbc.ca/consumer/story/2009/08/11/june-canada-bankruptcies235.html According to this CBC article, there were 10,823 bankruptcies in the month of June this year, up 54.3% from the same time...