ONE-hundred-and-thirty-eight people in the Sunshine Coast and Noosa region have filed for bankruptcy or started personal insolvency activity in the December quarter of 2016.
Of those 138, 66 filed for bankruptcy and 59 started a debt agreement and personal insolvency with debtors.
A further 13 in the Sunshine Coast hinterland were counted in the total number but it was not revealed which category they fit into.
The new figures released by Australian Financial Security Authority might seem high, but the number of debtors who entered a personal insolvency agreement in regional Queensland actually fell by 8.8% during the December quarter.
The number of debtors in the Nambour-Pomona area was among the largest decrease…
Read the full article at: http://www.chinchillanews.com.au/news/broke-66-declare-bankruptcy-on-the-coast-in-3-mont/3139724/