CALGARY, AB, Jan. 14, 2013/ Troy Media/ – Household debt levels have been rising in Canada and Alberta. But over the past few years, Albertans’ rate of personal bankruptcies has continued to trend gradually lower.

According to the most recent report from the federal Office of the Superintendent of Bankruptcy Canada, October saw 489 personal bankruptcies in the province. This is a bit higher than the 421 bankruptcies claimed in September, but that was a five-year low.

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