Source: The Canadian Press

The federal bankruptcy office says more Canadian households and businesses became insolvent in September than in the month before.

The office says bankruptcies rose 9.6% — 9.9% for consumers — in September from the August numbers.

Insolvencies, which combine bankruptcies and proposals to refinance debt, rose 7.6% overall.

The increases reverse a trend toward declining insolvencies since the recession, but the Office of the Superintendent of Bankruptcy says it’s not unusual to see an increase in the month of September.

Insolvencies for the third quarter overall are down 9.2%, the office says, and bankruptcies are 11.4% lower.

From last year, September’s insolvencies dipped 26.5% and bankruptcies fell 36.6%.