FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

"*" indicates required fields

Instagram

This field is for validation purposes and should be left unchanged.

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

Total Unsecured Debt*

*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

This field is hidden when viewing the form

Source

How can we help you?

If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

Select Trustee By Province

Collector certified my checks AFTER accepting payment arrangements

I freely admit that I owe money. Unfortunately illness and medical leave have caused this debt to be un-paid on time. However, some payment HAS been made, and the company agreed to allow me to continue doing so. Last week, they certified my checks, and drained my bank account, leaving me $31.00, no food, no rent, no hydro, etc. The checks came to more than what I owed due to the payment that was made (admittedly, not a lot more). Once they agree to arrangements – can they do this?

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “Collector certified my checks AFTER accepting payment arrangements”

A licensed trustee said...

Legally what they have done is questionable. Practically, if you write a cheque to someone, they can cash it.

We recommend that you not write a series of post dated cheques to creditors. If you have, your only recourse may be to open a new bank account to protect your money. If you have other debts, we suggest you consult a trustee for further advice.