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.  

Share This Post

Share on facebook
Share on linkedin
Share on twitter
Share on email

Read more from our blog

Financial Aid(CERB) & the COVID-19 Crisis

What is the Canada Emergency Response Benefit (CERB)? This is a federal financial aid option to help business owners, employees, and self-employed get much-needed financial

Covid-19 and Flexibility for Taxpayers

The government of Canada is taking action in order to provide assistance and flexibility to Canadians facing hardship due to the Covid-19 virus. Not only