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Will a Consumer Proposal affect my application to rent an apartment?

I plan to apply for consumer proposal and sell my house to move into an apartment. Will this affect my application to rent an apartment or get another mortgage?

Posted from: Ontario

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One Response to “Will a Consumer Proposal affect my application to rent an apartment?”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

While some landlords may do a credit check, this doesn’t mean that the filing of a consumer proposal will automatically cause problems. All you need to do is that when you are meeting with a prospective landlord and they ask for authorization to pull a credit check, simply explain what they will find and often this disclosure up front goes along way to mitigate any concerns the landlord may have.