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 …
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 …
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 …