How to Stop Calls From Debt Collection Agencies
Are you tired of receiving calls from collection agencies? Would you like to finally end these calls for good? If creditors and collection agencies are harassing you it might be time to make a debt repayment plan to deal with all of your debts.
Here’s how to stop collection agency calls, eliminate your debt and get your financial house in order:
- Deal with them on your own. Our guide to strategies for dealing with collection agencies calls, including rules collection agencies must follow, will help you through the process of talking to a bill collector and negotiating a debt repayment plan.
- File a consumer proposal. Debt never goes away on its own. If you are dealing with significant debts, and would like to make an arrangement to repay a portion of those debts then a consumer proposal is a viable, safe debt settlement option. As a government debt relief program, you receive protection from your creditors as soon as you file your proposal.
- File for bankruptcy. If you are receiving calls from many creditors and cannot afford to make an arrangement with your creditors, bankruptcy may be an option to eliminate your debts so you can have a fresh start free from creditor calls.
- If you are dealing with one or two creditors but need some support making repayment arrangements, a credit counselling agency will help you make a repayment plan. You will be required to repay the full amount you owe through a credit counselling agency.
Debt Collection Calls: Know Your Rights
Why do Collection Agencies Keep Calling Me?
Bill collectors are calling because you owe money. They often are paid a commission for every dollar they collect, so they will keep calling and sending letters as long as they believe they have a chance to collect money from you.
Most collection agencies in Ontario today use computerized “auto dialers”, so if you don’t answer, the computer puts your name back on the list, and you are called again in an hour. That’s why ignoring collection calls doesn’t work: they just keep calling!
If you are receiving collection calls it is important to know your rights about how collection agencies must deal with you. Rules that govern collection calls vary by province but in Ontairo
- Collections agencies must be registered with the Ontario government
- They must first send you a notice in writing through regular mail (email does not count).
- This notice must say who you owe money to (your creditor), the amount you owe, the name of the collection agency and the fact that they have permission from the creditor to collect the debt.
- Collection agencies must wait 6 days before they can contact you.
- After you speak with them the first time, debt collectors can only contact you a maximum of 3 times in 7 days without your express consent.
- Contact includes talking with you, leaving a message or sending an email.
A collection agency can’t:
- contact you on a Sunday, except between 1 p.m. and 5 p.m.
- contact you on any other day of the week between 9 p.m. and 7 a.m.
- contact you on a holiday
- use threatening, profane, intimidating or coercive language
- use undue, excessive or unreasonable pressure or harass you
- charge you any fees
Eliminate Debt. Stop the Collection Calls!
If you can’t pay your debts asking one of our trained professionals for help can turn your life around. The calls will stop and you can get on with your life!
Don’t be scared off by the title “Bankruptcy Trustee”. A Licensed Insolvency Trustee is trained in all the different Ontario debt relief options and bankruptcy is just one of them. In fact, the majority of people who contact us at Hoyes, Michalos & Associates are able to successfully resolve their debts without ever filing bankruptcy.
Your next step is to simply call or email us and take advantage of our FREE, professional consultation. One of our experts will review your situation today, and it’s private, confidential, and no-obligation.
You deserve a brighter, more secure future and we can help you get there. Just give us a call today and let’s get started!