Stop Debt Collection Calls
Debt collection calls can be stressful and disruptive, especially when they happen repeatedly. If you’re struggling with debt in Canada and are being bombarded by calls from debt collectors, there are steps you can take to stop them.
Here are some tips to help you Stop Debt Collection Calls:
Send a cease and desist letter: This letter informs the debt collector that you do not wish to receive any more calls or communication from them. Once the debt collector receives this letter, they are legally obliged to stop calling you. It is important to note that this letter does not erase your debt or stop the collection process, but it does stop the calls and other forms of communication.
Contact the lender: If the debt collector is calling you on behalf of a lender, you can contact the lender directly and inform them of your situation. Ask them to stop sending your debt to collection agencies and request that they stop calling you.
Get professional help: If you’re struggling with debt and are being overwhelmed by calls from debt collectors, consider seeking the help of a financial advisor or credit counsellor. They can help you create a payment plan and negotiate with your creditors to reduce your debt and stop the collection calls.
File a complaint: If a debt collector is harassing you, you can file a complaint with the Financial Consumer Agency of Canada (FCAC) or the Canadian Radio-television and Telecommunications Commission (CRTC). These organizations will investigate the matter and take appropriate action against the debt collector if necessary.
Know your rights: Under the Fair Credit Reporting Act, debt collectors are not allowed to use harassing or abusive tactics to collect debt. This includes calling you repeatedly, calling you at inconvenient times, threatening you, or using profanity. If a debt collector violates these rules, you can take legal action against them.
Stop Debt Collection Calls in Canada can be done by sending a cease and desist letter, contacting the lender, getting professional help, filing a complaint, and knowing your rights. Remember, you don’t have to tolerate harassing or abusive tactics from debt collectors. With the right steps, you can put an end to the calls and regain control of your financial situation.