Consumer debt
Articles on managing unpaid accounts, credit reports, lawsuits and limitation periods on debt in Canada.
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The only two scenarios where credit counseling–as a “short-term fix”–can be justified
Some people might describe credit counseling as a shell game because it is the most expensive method for a consumer to eliminate their debt.
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The Largest Collection Agencies Operating in Canada
The largest collection agencies in Canada include Canada’s three largest non-profit credit counseling agencies, companies–known as debt buyers–whose primary business is purchasing debt, and…
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How do those with unpaid accounts benefit from the passage of time–aka–limitation periods?
For those Canadians struggling to pay their debts, the passage of time can often be their greatest friend and ally.
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Poor management of household finances is the number one cause of consumer debt in Canada
Debt-challenged Canadians will never be able to escape from the debt trap unless they take personal responsibility for their financial situation. And governments–at both…
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Introduction to the Refs in Debt Collection Dodgeball
The number and diversity of referees and rules in debt collection dodgeball in Canada is simply overwhelming.
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Player Introductions for Debt Collection Dodgeball
In many ways the debt collection process resembles the schoolyard game of dodgeball.