On this page you will find information about BC Consumer Debt Studies conducted by Sands & Associates, BC’s largest firm of Licensed Insolvency Trustees. Thanks to the findings from our BC Consumer Debt Studies, we have gained important insight into how BC residents not only manage their debt, but also how debt impacts their daily lives.

As award-winning leaders in debt management, we have helped thousands of individuals achieve a financial fresh start. Our clients represent all cultures, occupations, ages and income levels. We pride ourselves on understanding the unique financial situation of each of our clients, and strive to continue to deliver outstanding service and support.

Each debt study provides an in-depth look at consumer debt levels and the reported causes of financial difficulties, with a special additional area of focus each year.

Fifth Annual Debt Study conducted by Sands & Associates

In our 2017 BC Consumer Debt Study, you’ll learn more about:

  • The psychological impact debt had on consumers
  • Physical impacts respondents suffered, because of being in debt

Click here to read the full report in PDF format.

Fourth Annual Debt Study conducted by Sands & Associates

Sands & Associates’ 2016 BC Consumer Debt Study provides insight into:

  • Payday loan usage in BC
  • Housing costs impacting in-debt consumers

Click here to read the full report in PDF format.

Third Annual Debt Study conducted by Sands & Associates

The 2014 BC Consumer Debt Study sheds light on:

  • Financial literacy among study respondents
  • Levels of general consumer knowledge about debt restructuring options
  • Fees paid by BC consumers for non-legislated debt consultations

Click here to read the full report in PDF format.

Second Annual Debt Study conducted by Sands & Associates

2013’s BC Consumer Debt Study gives readers more information about:

  • Life events that respondents felt they had to put on hold because of debt-levels
  • The correlation between supporting dependents and debt-levels
  • How debt impacts BC consumers’ ability to retire

Click here to read the full report in PDF format.

First Annual Debt Study conducted by Sands & Associates

The first BC Consumer Debt Study undertaken by Sands & Associates shares:

  • The financial outlook of consumers before and after filing a Personal Bankruptcy
  • An in-debted consumer’s perspective before and after filing a Consumer Proposal
  • Ways study participants tried to get out of debt

Click here to read the full report in PDF format.

BC Student Finances Study conducted by Sands & Associates

With student loan debt a major concern for many British Columbians, Sands & Associates undertook the BC Student Finances Study to gain further insight into the graduate debt levels, financial habits and financial knowledge of the province’s students. The results of Sands & Associates’ BC Student Finances Study reflect:

  • Student lifestyles and financial models
  • Financial expectations of students, post-graduation
  • Anticipated debt repayment for students

Click here to read the full report in PDF format.