Tag: Collection Agency

Debt Relief Canada: Your Rights when dealing with Collection Agencies

June 4, 2015

The law In Ontario, collection agencies must be registered with the Government of If you’re contacted Before a collection agency can contact you they need to send you a written notice through regular mail (email doesn’t count).   This notice must include: the name of the person or business that says you owe them money […]

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Occupy Wall Street activists buy $15m of Americans’ personal debt

November 14, 2013

Rolling Jubilee spent $400,000 to purchase debt cheaply from banks before ‘abolishing’ it, freeing individuals from their bills   ‘Our primary purpose was to spread information about the workings of this secondary debt market,’ said Andrew Ross. Photograph: Spencer Platt/Getty Images A group of Occupy Wall Street activists has bought almost $15m of Americans’ personal debt […]

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Debt Relief Canada – Tips for Dealing with a Debt Collector

May 2, 2013

What is a debt collector? When you don’t pay a debt you owe to a creditor (for example, a bank or credit card company), a debt collector usually gets involved to try to get the money back from you. Who will contact you In some cases, if the creditor has a debt collection department, they will ask […]

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Debt Relief Canada – 4 things to know if you’re harassed by debt collectors

January 10, 2013

Know your rights to protect from annoying collection agents, consumer advocate says Bill collectors in Canada often use aggressive tactics to chase consumers, sometimes even managing to reel in payments when no credit was owed in the first place. Some practices — such as daily phone calls, threatening language, accosting friends and relatives, or contacting […]

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Debt Relief Canada – 5 Financial Tips For Young Couples

February 6, 2012

“Young couples should focus on eliminating their debts before they consider purchasing a home, financial experts say. It is also a good idea to have an honest conversation about where each partner stands in terms of income and debt.” For many couples in their 20s or 30s, financial life together evolves much like everyday life, […]

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Debt Relief Canada – 1/3 of retirees still in debt: Statistics Canada

January 10, 2012

Study suggests almost one-third of retired Canadians are in debt CBC News About one-third of retired Canadians are in some form of debt, a report from Statistics Canada suggested Wednesday, throwing cold water on the notion that those in their golden years are debt free. The study from the government agency showed that 34 per […]

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