How to Stop Debt Collection Harassment
Are you harassed by bill collectors? Watching this video will stop their calls quickly!
Cambridge Life Solutions: Who Are They?
Who are these Cambridge Debt Solutions guys? That’s a question I’ve heard a lot lately from people meeting with me in my Cambridge bankruptcy and consumer proposal office. They advertise a lot on the radio, so I decided to check them out.
I started with a visit to the Cambridge Life Solutions website. I clicked on their Better Business Bureau link and it says that “this business is not BBB accredited”, which seemed strange to me (why would you put a link on your website if it doesn’t go anywhere?).
(For the record, here’s the link to the Hoyes Michalos Cambridge Office listing at the Better Business Bureau; we are rated A+).
Then I looked at their Debt Options page. They listed lots of options, like doing nothing or getting a debt consolidation loan, but they didn’t mention filing a consumer proposal. I found it strange that they wouldn’t list one of the most powerful options open to consumers today.
(For the record, here’s the link to the Hoyes Michalos main website where we list debt management options).
I kept digging, and arrived at their FAQ page.
One of the questions is “Can my creditors pursue litigation against me?”, and the answer is, in a debt settlement, “yes”.
(For the record, if you file bankruptcy or a consumer proposal you get legal protection, so your unsecured creditors, like credit cards, bank loans, and income taxes cannot sue you).
Another one of the questions is “will creditors keep calling me?”. They answer that:
Once a creditor has been notified by Cambridge that we have been given permission to communicate with them and see the limited power of attorney we have to communicate and arrange settlements on behalf of your enrolled debts only they will be notified to only contact you via mail. The law clearly defines this in The Business Practises & Consumer Protection Act, Section 116, Subsections 4(a)(i) and 4 (a)(ii)
...
