Second time
Is your credit ratin effected for 14 years, as opposed to 7, if this is the second time a formal proposal has been submitted?
Posted from: Ontario
Is your credit ratin effected for 14 years, as opposed to 7, if this is the second time a formal proposal has been submitted?
Posted from: Ontario
The result of a consumer proposal is listed at 3 years from completion. There is nothing listed with Equifax or TransUnion that suggests this changes with a second proposal. As far as I am aware the 14 years applies to a second bankruptcy, not a proposal.