LATEST figures reveal personal insolvency has sky-rocketed in one Coast suburb and continues to climb in another.
The total number of debtors in Nambour jumped from 17 in the March Quarter of 2017 to 27 in the June Quarter of this year.
Personal insolvency also increased in Maroochy, from 24 debtors to 27 in the same time frame.
Personal bankruptcies more than doubled in the Gympie-Cooloola region, jumping from 12 debtors to 25, while Maryborough increased from 16 debtors to 26.
The number of debtors decreased in the Sunshine Coast Hinterland (22 down to 11), Noosa (27 down to 16), Caloundra (57 down to 39) and Buderim (25 down to 19).
As of the June Quarter there remained 42 personal bankruptcies in Cabooltu…
Read the full article at: https://www.sunshinecoastdaily.com.au/news/bankruptcy-bombshell-coast-suburbs-hit-hard-by-fin/3209979/