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How will my credit rating be affected by filing for a consumer proposal?

April 26, 2017affected consumer Credit rating filing proposal

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How will my credit rating be affected by filing for a consumer proposal?

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Immediately after filing, your credit rating will be changed to reflect your current situation. It will likely stay that way for the duration of the proposal. A note will also be added to your credit report for up to seven years beginning from the date you filed.