Consumer Proposal and being bondable

August 4th, 2011 by Questions

I”ve been discharged from consumer proposal, however the credit companies are reporting the amounts they wrote off under my consumer proposal, if I am not responsible for the debt, why are they able to report the amount on my credit report? I’ve also repaired my credit score @ 708, however in job inteviews, I am having a problem obtaining employment as a result of my consumer proposal, is this a personal problem with a company or am I not bondable. Thank you for your help.

Posted from: Ontario

Questions

One Response to “Consumer Proposal and being bondable”


August 04, 2011 at 11:14 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

If the credit bureau is reporting inaccurate information it is probably a mistake. Now whether the mistake has been made by the credit bureau or your creditors it is difficult to say, but you can get this rectified by contacting the credit bureau and disputing the information being reported.

As for being bondable, you would have to ask the insurance company that is doing the bonding. They each have their own separate requirements, but most people who have completed a consumer proposal don’t have many issues with getting bonded or obtaining employment. Therefore I am thinking it may be an issue with that one company, but not reflective of what happens generally.

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)