Collection Agencies in Canada
Date: Fri, 04/21/2006 - 11:09
Submitted by PDL Investigator
on
Fri, 04/21/2006 - 11:09
Total Replies: 6
Collection companies have to be registered, if they are not, severe fines and dissolution of business can happen.
Can a Canadian collection agency do business in USA? What type o
Can a Canadian collection agency do business in USA? What type of licensure is needed?
Curly, I can find that information out and get back to you.
Curly,
I can find that information out and get back to you. That's a good question. I will post as soon as I find the information.
Sorry about that I forgot to log in. I will have your answer la
Sorry about that I forgot to log in. I will have your answer later on today or tomorrow.
That's a good question. I found that there are a few states that
That's a good question. I found that there are a few states that don't require a collection agency to be registered within the state, but as far as I know collection agencies must be registered with the FTC. (according to the consumer protection rep for the state of Virginia.)
Canadian Agencies Collecting in The US
Canadian agencies can call into the US without being licensed or bonded. US based clients should be aware however that a Canadian agency that contravenes any section of the fdcpa, FCRA or UCC may subject their US client to litigation.
US creditors should use Canadian agencies for Canadian debtors and Canadian creditors should use US agencies for US debtors. Doing otherwise is at your peril and certainly not covered by Errors & Omissions insurance. Remember, an insurance companies job is to collect premiums and not pay out claims.
CLIENT OWNS ME ALMOST $40,000.00
Dear Sirs,
I did have a client in Toronto, Canada. where we supplied Roses in the months off May to Aug 2008. At this moment the client has disappered and we know that his company till exits.
We are interested in geeting a collecting agency to act on our behave and hope full colllect the money is due to us.
Await your respond - ty
Best Regards
Sal Malik