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/Tag: Credit Rating

Consumer Proposals & Your Credit History

Rebuilding Your Credit After A Consumer Proposal For many insolvent Canadians, the burden of a high debt-load is often made worse by long-term implications arising from poor credit history. Having “good credit” is often just as much a priority as getting out of debt. It is important to remember which should come first. It will [...]

2019-09-20T23:21:34+00:00Consumer Proposal|

Will Declaring Bankruptcy or Filing a Consumer Proposal Harm My Credit Rating?

I’ve Been Told That I Should Not Use Bankruptcy Or A Proposal Because They Will Harm My Credit Rating. Is This True?   People in debt don’t use a proposal or go bankrupt because they want to, they use one of these options because they have to. They have no reasonable alternative to assist them [...]

2019-09-20T23:22:11+00:00Bankruptcy, Consumer Proposal|