The number of women now filing for bankruptcy is staggering...This new video will give Canadian women a great starting point for overcoming and resolving their debt.
Calgary, Alberta (PRWEB) May 10, 2012
Personal Bankruptcy Canada, a leading resource for Canadian debt and bankruptcy information, today premiered a new video, entitled "Is Personal Bankruptcy My Only Option?", aimed at informing women of their options when it comes to debt and bankruptcy.
“The debt issues that many of today’s women face are due to a separation or divorce. Unfortunately, in some cases, the woman has most or all of the marital debt in her name and with the decrease in household income, debt problems can come to a head quickly,” said Krista McDonald, Senior Administrator in the Medicine Hat office of Bromwich & Smith, Trustees in Bankruptcy, and a sponsor at Personal Bankruptcy Canada.
Governments worldwide report that bankruptcy filings by women have risen dramatically over the past several decades. Studies have shown that on average more than 40 percent of bankruptcy filings, in a host of countries, are initiated by women. And, according to some industry experts, more women have found their way to bankruptcy proceedings in the recent year than will graduate from college, receive a diagnosis of cancer, or file for divorce.
“The number of women now filing for bankruptcy is staggering, and many of those women aren’t educated on the options available to them to solve their debt issues,” added McDonald. “Women can dramatically reduce or eliminate their debt and get back on a more positive financial track simply by being better educated and more informed about their options. This new video will give Canadian women a great starting point for overcoming and resolving their debt.”
About Personal Bankruptcy Canada, Inc.
Personal Bankruptcy Canada, Inc. is a leading resource for Canadian debt and bankruptcy information. Its network of independent professional trustees in bankruptcy, located throughout the Canadian provinces and territories, are dedicated to helping Canadians overcome and resolve debt and financial problems.