There is a very specific set of issues for displaced workers arising from the treatment of severance pay, which represents compensation for involuntary job loss in recognition of the very real costs incurred by the worker. (progressive-economics.ca)
The card offers standard benefits such as purchase assurance and extended warranty and optional extras and perks such as account balance protection in case of involuntary job loss and disability. (lifeoncredit.ca)
However, if you can prove that the foreclosure was caused by involuntary job loss or income reduction, and your payment history has been good since then, the waiting period can be as little as one year. (interest.com)