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How long can a collection agency go on your account

     


Vote:


How long can a collection agency go on your account? Will you consider helping me with a little info?
1225     In Credit Cont.07
 

How long after the loan date can they try and collect student loans in canada



I am assuming two things before I respond one that you have a debt that is quite old and two that you live in Canada (The US has a completely different set of debt collection rules that I am not really up to date on). Also I must make it clear that I am not a lawyer and am therefore not offering you any legal advice just my understanding of collection agency rules as they currently exist in the Northwest Territories so with that out of the way I have good news and bad news for you on this: . First the good news, there is a statute of limitations on the collection of debt of either 2 or 6 years depending on the province or Territory that you live in. This means that a creditor has a limited amount of time to initiate legal action and can only report a delinquent account for a period of 6 years from the date of write off based upon when the debt occurred, your last payment to the creditor or your last written acknowledgement of the debt (which ever came last). Now the bad news, there is absolutely nothing (that I am aware of) to stop a collection agency calling you up 10, 15 or 20 years after a debt is written off and asking you to pay so long as they do not threaten to sue you or report you to the credit bureau. This is done mainly by agencies that buy a companies portfolio of aged debt (Canadian Tire is a prime example of this). As far as I know they pay only pennies on the dollar for the debt, so just about anything they collect is profit, also because they own it they are generally very aggressive about trying to collect it. There are things that you can do to make them stop but I`m afraid that I can only really give you any advice if you are living here in the Northwest Territories. If you can give me a little more detail on your situation I may be able to help you a little more. Jim Wilson Manager, Aurora Collection Services Ltd 205-4817 49 St Yellowknife NT X1A 3S7 867-766-3084 866-456-2304 (TOLL FREE). How long can a collection agency go on your account. There are so many factors to consider. Would you be kind enough as to give me some pointers as what to look for or avoid. Would you consider giving me a couple pointers.


 

Statue of limitations student loan british columbia



the best solution, is just to change and de-list your phone number..


 

Debt collection statute of limitations alberta



Stephanie Miller Office Administrator,  Collection Service Agency 3700 Brainerd Road, Suite B Chattanooga, TN 37411 Ph: 423-892-0054  Ext 133. com   "The road to success is always under construction. How long can a collection agency go on your account. There are so many factors to consider. Would you be kind enough as to give me some pointers as what to look for or avoid. Would you consider giving me a couple pointers.


 

Quebec statute of limitations on collections



Can a collections company continue to try to collect on a student loan after over 10 years and living in a different province?


 
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