Primus
New Member
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Hi everyone,
Sorry in advance for the long post, but I’m hoping for some honest advice on whether it’s even worth re-applying.
I previously applied to the Regular Force about 9 years ago. I was successful and received an offer, but unfortunately I had to decline because I was given only five days’ notice and was running a small physical-goods business at the time. I didn’t have enough time to wind it down responsibly.
After that, I wasn’t able to book my medical in time and my file was eventually closed. Life moved on.
Fast forward to today: my business now operates under a different model and I could leave on short notice if required.
The concern I have is related to business debt during COVID. (6 years ago)
During the pandemic, shutdowns had a severe impact on my business. I was unable to service business-related debt (credit cards and a loan). For several years, whatever income I had went toward basic living expenses. It was difficult but I managed. After about two years, I sought professional advice and was told the debt was already beyond the point where legal action would be possible. The 2 year limitation in Ontario had already expired.
They also noted that consolidation or bankruptcy would not meaningfully change the outcome in regard to credit impact.
They told me not to bother paying it. Based on that advice, I did not pursue repayment. The debt was eventually written off by the bank roughly a year later.
Some creditors contacted me for a period, early on, but all contact stopped more than three years ago.
There are currently no active collections contacting me, no legal actions, and no ongoing obligations related to this debt.
Current situation:
My concern is whether this past delinquency would make reapplying futile. I don’t want to go through the full process only to have my file closed at the security if this is an automatic disqualifier. As a secondary issue, I’m also on doctor-monitored TRT, which I understand can only be assessed during the medical portion.
I’d really appreciate insight from anyone with experience or knowledge of how situations like this are typically viewed. Is this something that would reasonably be considered in context, or would it likely stop an application outright?
Thanks in advance for any guidance.
Sorry in advance for the long post, but I’m hoping for some honest advice on whether it’s even worth re-applying.
I previously applied to the Regular Force about 9 years ago. I was successful and received an offer, but unfortunately I had to decline because I was given only five days’ notice and was running a small physical-goods business at the time. I didn’t have enough time to wind it down responsibly.
After that, I wasn’t able to book my medical in time and my file was eventually closed. Life moved on.
Fast forward to today: my business now operates under a different model and I could leave on short notice if required.
The concern I have is related to business debt during COVID. (6 years ago)
During the pandemic, shutdowns had a severe impact on my business. I was unable to service business-related debt (credit cards and a loan). For several years, whatever income I had went toward basic living expenses. It was difficult but I managed. After about two years, I sought professional advice and was told the debt was already beyond the point where legal action would be possible. The 2 year limitation in Ontario had already expired.
They also noted that consolidation or bankruptcy would not meaningfully change the outcome in regard to credit impact.
They told me not to bother paying it. Based on that advice, I did not pursue repayment. The debt was eventually written off by the bank roughly a year later.
Some creditors contacted me for a period, early on, but all contact stopped more than three years ago.
There are currently no active collections contacting me, no legal actions, and no ongoing obligations related to this debt.
Current situation:
- Credit score has recovered significantly
- I’ve had a credit card for the past two years with responsible use
- I have savings and no active loans
- No collection activity for several years
- Business has stabilized under a new model
- I’m now 43 years old
- Prior to COVID, I had excellent credit and no financial issues
- This was a one-time situation caused by an unprecedented global shutdown
My concern is whether this past delinquency would make reapplying futile. I don’t want to go through the full process only to have my file closed at the security if this is an automatic disqualifier. As a secondary issue, I’m also on doctor-monitored TRT, which I understand can only be assessed during the medical portion.
I’d really appreciate insight from anyone with experience or knowledge of how situations like this are typically viewed. Is this something that would reasonably be considered in context, or would it likely stop an application outright?
Thanks in advance for any guidance.
