Yes, a consumer proposal negatively impacts your credit score. It is recorded as an R7 rating on your credit report, indicating that you have entered into a debt settlement agreement. This can make it more difficult to obtain credit until the proposal is completed and removed from your report.
Our Offices
- 8th Floor – 105 Main St E
Hamilton, ON L8N 1G6 905-523-2979
Suite 202 – 3310 South Service Rd
Burlington, ON L7N 3M6905-523-2979
- Suite 604 – 43 Church St
St. Catharines, ON L2R 7E1 905-523-2979
- Office 6 – 775 Upper Wentworth St
Hamilton, ON L9A 4V7 905-523-2979
Virtual Offices
Because we value your time, we also offer virtual consultations from our physical offices and other service areas below. Whether you’re exploring options or reviewing your financial situation, our virtual consultations simplify the journey toward financial freedom. Schedule your free, no-obligation consultation with our Licensed Insolvency Trustees from the comfort of your home or office. If you decide an insolvency is the best solution for you, all documents can be conveniently signed electronically. Start with a call or video session today to begin your Fresh Start Now.
- Beamsville
Brantford
- Dundas
- Fort Erie
Grimsby
- Milton
- Niagara Falls
- Oakville
- Thorold
- Waterdown
- Welland
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