Nova Scotia, Canada has recently introduced new legislation to help protect consumers from debt relief companies and rogue debt collection companies. The Debt Collection and Management Reform (2012) Act will target debt relief companies that make disturbing marketing practices and unachieved promises. It will also target debt relief companies that charge advance fee or up-front …
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 …
I’m really just posting this so I can easily find it later when someone from Canada asks a reader question. Consolidation order / Orderly payment of debt (OPD) (Applicable only to residents of Alberta, Saskatchewan and Nova Scotia) What does it mean? If you are unable to manage your current debts, you can voluntarily seek …