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Ontario

Ontario Government to Crack Down on Debt Settlement Companies

Friday, January 04, 2013 by Marvin Zweig
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Today the Ontario government announced plans to impose regulations on debt settlement companies who advertise the ability to reduce the debts of consumers by up to 70% of more.
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Consumer Alert re: Debt Settlement in Ontario

Thursday, May 10, 2012 by Marvin Zweig
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The Ontario Ministry of Consumer Services has recently issued an alert warning consumers to exercise caution when considering a contract for services being marketed as “debt settlement”, “debt management”, “debt reduction” or “debt consolidation”.
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How do Debt Settlement Plans Differ from Consumer Proposals?

Thursday, April 19, 2012 by Marvin Zweig
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In January of this year, the Financial Consumer Agency of Canada, a Government of Canada agency, issued a consumer alert entitled Debt Reduction Companies: Beware of “Too Good to Be True” Offers.
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