Canada Pushes Back on Debt Settlement With New Regulations

In Ontario a bill passed recently which significantly impacts the delivery of debt settlement services there. First, I owe a big hat tip to a good friend up there in the great white north for alerting me to this. This new bill impacts both debt settlement companies and credit counselors. Bill 55, the Stronger Protection … Read more

Ontario Canada to Implement Advance Fee Ban for Debt Settlement

Ontario Canada has announced new pending regulations to catch up with other provinces to protect consumers from advance fee debt settlement companies. The Minister of Consumer Services, Margarett Best said, “There is evidence of harmful practices used by some debt settlement companies and that is why our government is taking steps to protect consumers. We … Read more