Question: I am currently work for a bank, if i file a consumer proposal and R7 will be on my record, will my employer fire me for this?

Answer: Over the years we have assisted many residents of Toronto who work for a bank file a consumer proposal. Unless you have a specific clause in your employment agreement preventing you from filing a consumer proposal, it would be very unusual for an employer to fire you for filing a consumer proposal. In most cases your employer will be pleased that you are finally dealing with your debt issues.

However, if you are worried about it, you should talk to someone in your Human Resources department first to determine whether or not a proposal would have any impact on your job.