Search site             Home line  About us line  Contact us line  Ask an expert   line  Forms line  Corporate recovery      

bankruptcy trustee


Same team, new name

Alger & Associates personal bankruptcy services are
now provided by
Grant Thornton Limited

Receive a callback from one of our bankruptcy and debt help experts

 

Alberta bankruptcy Q&A forum

Question:

 

I filed for a financial proposal a number of years ago. I believed I payed about $2000 towards it. Then I defaulted my payments. I purchased my credit score online and seen that it was on there. How does this get taken off and how bad does it hurt my credit?


From:

 

Grant Thornton Limited

Date:

 

Apr 15, 2016

Answer:

 

Todd, Normally, a fully performed consumer proposal will remain on your credit report for 3 years after completion. My understanding is that any public record will be reported for 6 years from the day of default or last transaction. Therefore, I can assume that the filing of the defaulted consumer proposal may remain on your credit report for 6 years after the date of default. Hope that answers your concern.

Susan Methuen
T 403-310-8888
susan.methuen@ca.gt.com

 

For debt help and bankruptcy in Calgary, Edmonton, and throughout Alberta, call TOLL FREE from anywhere in Alberta: 310-8888
We're here until 9 PM weekdays and 9 AM to 4 PM on Saturday to take your call

 

 

All locations
310-8888

© 2011 Grant Thornton Limited • All rights reserved


back to Bankruptcy Alberta home

Confidential callback from a bankruptcy professional

Please call me

As soon as possible
Today at
Next business day at

My Phone # 

Extension  

Ask for  

×

×