Legislation Varies by Province When Communicating in Writing
The reason for sending your creditors a letter is to advise them about your situation. In some provinces, you can also ask collectors to only communicate with you in writing. It won’t stop them from charging you interest. In many circumstances, however, they will try to find ways to help you.
By not proceeding with escalated collection activity or legal action, you’re able to focus on improving or resolving your circumstances. This will help you sleep better and not worry about what your creditors may or may not do.
Getting Rid of Debt
We’re happy to help you figure out your options. There are more than you might think.
Use this checklist and get ready to communicate effectively with your creditors.
Are you curious about what credit counselling is or how it works? Here’s what you need to know.