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Debt consolidation / debt settlement - work permit holders

KrishnaManohar

Hero Member
Feb 27, 2013
205
6
Ontario
Category........
NOC Code......
2171
Job Offer........
Pre-Assessed..
App. Filed.......
16-01-2017
AOR Received.
16-01-2017
Med's Done....
13-01-2017
Hi,

I came to Canada as a student and now working under post graduate work permit.
I have credit card loans close to $10,000. I can't afford the minimum payments.
So, I am planning to apply for debt settlement program.
My debts will be paid and I will be paying the settler a minimum amount for 4 years.
During this time I won't be able to use my credit cards or apply for new credit.
I want to know that if I apply for this settlement, will it affect my permanent residence application in the future?

Thanks!