Personal Bankruptcy Forum


Author:   Mike
Date:   September 9, 2002
Question:  

I have recently satisifed the terms of a consumer proposal I filed a few years ago. My understanding is that the public record information in my credit report will be cleared 3 years from the date of full performance (i.e. the actual note in the credit report saying "Mr X has filed a consumer proposal and was given a record of full completion on XXXX"). However, will the debts (which are currently showing as R7 and 0 balance) also be cleared at this time, or will they be cleared 6 years from the date of last activity?

 


From:
 

Ann Clarke, Collins Barrow Limited
Date:   September 10, 2002
Answer:   The credit reporting agencies can advise you of their policies regarding consumer proposals. Please go to the Credit Rating section on this website for information on how to contact them.

Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca




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