What is the Canadian Equilivent to the US DEBT VALIDATION.
I dont think Canada has this but they might have somethiing similar. ?????
Thank You
Patrick
As per the Collection Agencies
Act and the Business Practices and Consumer Protection Authority,
"no debt collection agency shall attempt to collect payment of a debt
from a debtor until the debtor has been notified by means of a private
written communication, or a reasonable attempt has been made to notify
the debtor by means of a private written communication, of the name of
the creditor with whom the debt was incurred, the balance owing on the
account, and the identity and authority of the person making the demand
in respect of the collection of the debt."
So, you can very well understand from this part that debt validation is
there in Canada.
Sub: #1 posted on Fri, 01/03/2020 - 04:28
Industry Expert
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Sub: #2 posted on Mon, 01/06/2020 - 04:01
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"no debt collection agency shall attempt to collect payment of a debt from a debtor until the debtor has been notified by means of a private written communication, or a reasonable attempt has been made to notify the debtor by means of a private written communication, of the name of the creditor with whom the debt was incurred, the balance owing on the account, and the identity and authority of the person making the demand in respect of the collection of the debt."
So, you can very well understand from this part that debt validation is there in Canada.
Sub: #3 posted on Wed, 01/08/2020 - 21:41
(Posts: 425 | Credits: )
Sub: #4 posted on Wed, 01/15/2020 - 02:09
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