British Columbia Pulls Rug Out From Under Advanced Fee Debt Settlement in Canada

Enhanced protections for B.C. families, particularly those in financial distress, are at the heart of legislative changes introduced today by the B.C. government. The Province is taking action to regulate the debt settlement industry with amendments to the Business Practices and Consumer Protection Act (BPCPA). If passed, these amendments will prohibit debt settlement companies from … Read more

Canada Takes Swift Action Against Advanced Fee Debt Settlement Companies

Dear Alberta and Manitoba, Damn, that was fast. Steve I suppose it sure didn’t hurt have the entire FTC Telemarketing Sales Rule process done and dusted, but Canada is acting quickly to ban advanced fee debt settlement companies. New regulations in Manatobia are effective in 12 days will prohibit any advanced fees charged to consumers … Read more

Another American Export, Debt Settlement. You’re Welcome Canada.

Well it appears that Canada is experiencing an exploding wave of debt solution provider and debt settlement companies. I’m not surprised, with the implementation of new tougher legislation in the United States, we knew some debt settlement companies would be looking for less regulated turf. It looks like they found it, just north of the … Read more