News Category Global Banking & Finance Reviews Credit Card Debt and COVID-19 Pandemic Pushing BC Bankruptcies and Proposals – Revealing New Debt Study Goes Beyond the Numbers Credit Card Debt and COVID-19 Pandemic Pushing BC Bankruptcies and Proposals – Revealing New Debt Study Goes Beyond the Numbers VANCOUVER, British Columbia, Jan. 11, 2021 — Sands & Associates, BC’s largest firm of Licensed Insolvency Trustees serving individuals and small businesses, released the results of the 2020 BC Consumer Debt Study today. This unique annual study polled over 1,800 consumers around the province who declared Bankruptcy or consolidated debt using a Consumer Proposal. In addition to examining causes of debt and the often-severe impacts for British Columbians facing debt problems, the 2020 BC Consumer Debt Study found that: