Latest Posts
Home > Tag Archives: canada (page 2)

Tag Archives: canada

Canadian Cambridge Life Solutions Draws More Unwanted Attention With Alleged Links to Past

Ready to Collapse

A reader sent in a tip about a recent article out in Canadian Business about the debt settlement efforts in Canada. Here are some excerpts: “The most visible of the new firms, Cambridge Life Solutions, launched a marketing campaign during the past year on radio, television and the Internet. It’s fronted by Ontario-born actor and pitchman Alan Thicke, star of ... Read More »

    Canada BBB Debt Settlement Warning Both Helps and Hurts Consumers

    Ready to Collapse

    I’m at odds about some of these blanket warnings to consumers about debt settlement. This time it is from the BBB out of Canada. I completely understand that there have been and still are some debt settlement companies that take advantage of consumers with bad advice and front-loaded fees. Those warnings need to get out to consumers so they can ... Read More »

      Canadians Turning Away From Debt. Debt Growth Down 30 Percent.

      Screen Shot 2012-07-19 at 3.18.26 PM

      It will be interesting to see what happens to the wave of U.S. debt settlement companies that ran north of the border in the last year or so trying to capture Canadians in advanced fee debt settlement programs. It seems Canadians are slowing demand for new credit, the Equifax Canada reports. The growth in Canadian non-mortgage debt in the 12 ... Read More »

        Moved to Canada from Dubai but Left Debt Behind. Collectors Threatening to Deport Me to Philippines

        “Dear Steve, Two (2) years ago I moved here in Canada from Dubai, UAE leaving around AED 85,000 of credit card and personal loan liabilities, which now has an outstanding balance of AED 110,000. I accumulated this amount of credit since I lost my job twice. The first one is for six months and second one is for seven months. ... Read More »

          Nova Scotia, Canada Debt Settlement Protection Act

          Nova Scotia has introduced the Debt Settlement Protection Act and it had the first reading on April 26, 2012. The act states: Be it enacted by the Governor and Assembly as follows: 1 This Act may be cited as the Debt Settlement Protection Act. 2 In this Act, (a) “agent” means a person employed, appointed or authorized by a debt ... Read More »

            Personal Finance Struggle Universal. Many Dealing With Trying to Make Ends Meet.

            Zemanta Related Posts Thumbnail

            When you are struggling to find enough money to get through the month or make ends meet, it an feel as if you are all alone in that effort. Money troubles are internationally universal and experienced by people around the world. Just yesterday I wrote about consumer debt levels increasing in Australia and Canada. The reality is that since the ... Read More »

              Timeshare Telemarking Fraudster Sentenced

              It was announced on January 9, 2012 that Jennifer Kirk was sentenced to 188 months (almost 16 years) in prison for conspiracy to commit mail and wire fraud when Kirk victimized consumers in a timeshare telemarking scam. Kirk will also serve five years of supervised release after the completion of her prison term, during which she is forbidden from the ... Read More »

                Consumer Debt a Growing Problem in Canada and Australia

                Ready to Collapse

                Recent reports out of Canada and Australia paint a similar picture for consumers in both countries. Consumers are loading up on consumer debt and it is becoming a concern for regulators. Right now levels are about the same, consumer debt is approximately 150 percent of income. Both Canada and Australia have experienced less unemployment that the United States or even ... Read More »

                  Canadians Warned About Debt Reduction Companies

                  The Financial Consumer Agency of Canada today warned Canadians about debt reduction schemes to avoid and provided some helpful advice. Debt reduction companies: Beware of “too good to be true” offers The Financial Consumer Agency of Canada (FCAC) is warning Canadians to be very cautious about companies that claim they can negotiate a deal to cut the amount of debt ... Read More »

                    Will my UAE debt chase me in Canada? – Saif

                    Ready to Collapse

                    I am working in uae and accumulated debt upto $150k and not in a position to service the payments in near future. since the situation is to come , i am planning to mover to canada as i am permanent resident and living there though i belong to india. now please advice me , where the banks can chase me ... Read More »

                      How can I get out of my Canadian consumer debt? – Graham

                      Ready to Collapse

                      I am almost 25 years old and with my childish behavior behind me I have a financial mess to clean up. My goals are to start a family while being debt free. I am Canadian (Not sure if that matters) I read your e-book and through the endless links between the lines I decided to check out the website too. ... Read More »

                        The Best Way To Sucker A Timeshare Owner Into Something (Other Than A Timeshare) Is A Way OUT Of A Timeshare

                        Another Florida based telemarketing scam has arose under the name Universal Marketing Solutions and Creative Vacation Solutions targeting owners of timeshares throughout the United States. Last week, Joel Intravaia, of Florida was sentenced to 60 months in prison followed by three years supervised release along as a result of his guilty plea to a one count information charging him with ... Read More »

                          On The Twelfth Count Of Mail Fraud My Scammer Gave To Me…

                          In November, Steven Folan, of Florida, pleaded guilty to a thirteen count indictment charging him with one count of conspiracy to commit mail fraud and wire fraud and twelve counts of mail fraud. The indictment alleged that Folan and others were involved in a telemarketing scam, operating in Florida, that bilked over 22,000 victims of $30 million. The indictment alleged ... Read More »

                            CPA Pleads Guilty In Connection With $670 Million Fraud Scheme

                            Certified public accountant (CPA) and alleged outside auditor for Provident Capital Indemnity (PCI), Jorge Luis Castillo, plead guilty last week for his role in a $670 million fraud scheme effecting victims across the country and abroad. Castillo plead guilty to conspiring to commit mail and wire fraud, which carries a maximum penalty of 20 years in prison. According to a ... Read More »

                              FTC Gives APEC Cross-Border Privacy Rules Thumbs Up For Consumer Information Protection

                              Yesterday, President Obama and representatives from other Asia-Pacific Economic Cooperation (APEC) economies met to discuss consumer cross-border data privacy protection at a meeting in Honolulu, Hawaii. The meeting focused on the APEC Cross-Border Privacy Rules, a new initiative to harmonize safe data sharing across country borders and enhance the protection of consumer data that moves between the United States and ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.