Does bankruptcy follow you… forever ?
March 20th, 2007 by Questions
I recently filed for a consumer proposal and it was accepted by the creditors. I understand that the proposal will remain on my credit report for 3 years after I\’ve completed the payments in the proposal, and then after that it\’s cleared… but don\’t creditors also have access to the Superintendent of Bankruptcy files. Is it normal practice for a bank or lending instituion to examine your credit report AND also check if you\’ve ever filed for bankruptcy via the Superintendent of Bankruptcy. I\’ve been told that my file will remain there… forever. Is it possible to go to a lawyer and request a bankruptcy pardon to permanently remove the bankruptcy from ALL records ?
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.)