Caplan Debt Solutions

February 2026

How Filing a Consumer Proposal or Bankruptcy Affects Your Credit Score in Canada

If you are considering a Consumer Proposal or Bankruptcy, you are probably bracing for the credit score fallout. That’s fair. Both options show up on your credit file and they can make borrowing harder in the short term. But “how bad” depends on what your credit looks like right now, and what you do next.

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