How Can I Stop Collection Calls?

Financial-Planning-And-Analysis-Interview-QuestionsHow Can I Stop Collection Calls?

There are three different situations where an Ontario resident can stop collections calls.

  1. Where you are receiving collection calls concerning monies owing to a bank

In Canada a significant percentage of non-mortgage debt is owed to financial institutions regulated by the federal government. You can stop collection calls in connection with monies owing to a bank provided you do the following:

  • Send the organization calling you a letter by registered mail
  • In which you ask that it only communicate with you in writing,
  • You provide an address where you can be contacted in writing

This federal law gives the consumer receiving collection calls on monies owing to a bank the right to stop calls from not only collection agents but also the original creditor.

  1. Where you are receiving collection calls from a collection agency

An Ontario resident can stop collection calls from a collection agency, regardless of who the money is owed to. You can stop collection calls from a collection agency provided you do the following:

  • Send the collection agency a letter by registered mail
  • In which you dispute owing the alleged debt and you suggest the dispute go to court
  1. Where you are receiving collection calls from a law firm

An Ontario resident can stop collection calls from a law firm. You can stop collection calls from a law firm by hiring a lawyer to send the law firm a letter indicating the lawyer is representing you in this matter.

Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.