Got a call today from 647-776-8788 a debt collection company in Toronto.
These guys buy debt for pennies on the dollar, then call you up trying the threaten and bully you..
1st Call told them, I'm not the person, 2nd call, told them wrong number.. 3rd call all in the same day started to have fun.
This is on their website: Financial Debt Recovery (external - login to view)
"Debt Buying and Funding. FDR is a purchaser of defaulted customer accounts of all variations. We partner with major credit grantors across the U.S. and Canada to bring value to questionable corporate portfolio assets. These include Bankruptcy, Consumer Proposals, Loans, Auto Deficiency, and Credit Cards."
First off all if the debt is over 7 years old in Canada they have no recourse to collect.. they can't sue, or repo anything. It is also removed from your Credit Report.
Further, "these include Bankruptcy" if you file bankruptcy and are discharged, you do not owe a dam cent to past creditors. That's the whole idea of filing bankruptcy.
Keep track of the calls, do not delete messages, they can be used to sue the company for harassment and if enough people do this, they get shut down.
There are plenty of scammers in Canada..
OH YEAH!!! Most important, when they do call DO NOT ADMIT TO THE DEBT. You know nothing and can prove it.
Admitting to the debt in writing OR making payments of a debt resets the statute of limitations.
Statute of Limitations on Canadian Debts | Credit Collections (external - login to view)
Eh Debt Collectors!!
(worked as a debt collector for a spell and hated it..)
Oh yeah and today they provided information to me without verifying my identity.. mind you I had them pretty confused.
Once a debt collector leaves a voicemail message , it counts as "making contact" with you.
Once contact is made, a collection agency CANNOT contact you more than 3 times during a 7 day period without your consent.
Any thing past this, you have the legal right to SUE THEM. All collection agencies in Ontario CANNOT contact you between the hours of 9pm-7am.
Know your rights & SUE THEM if they cross the line. IF you do talk to an agent, BY LAW they must VERIFY your identity (via birthday, address, SIN, etc.) before discussing your debt .
If they fail to do this, then they are not following the law and CAN BE SUED for providing your debt information to an unverified individual.
They failed on this today.