Debt Collection Canada
Collecting a debt in Canada can seem impossible. Language and cultural barriers, foreign laws and customs, and sheer distance all impose serious challenges.
Debt recovery is simpler when you use a collection agency fluent in the laws and customs of the country where the debtor resides. Cedar Financial offers on-the-ground representatives in Canada who understand the debt collection practices that work to support full recovery of your funds.
Since 1991, Cedar Financial has served as a trustworthy, nationally licensed debt collection agency, helping businesses collect unpaid accounts internationally. With knowledge of collecting debts in a wide range of different industries, our experienced team collects your debts quickly and effectively so you can receive the payments you're owed.
With offices in over 150 countries, including Canada, working with Cedar Financial provides you access to a global network of nationally licensed debt collectors. Our in-depth understanding of local laws, customs and cultures guarantees the best possible debt mediation results.
At Cedar Financial, we put people first, doing everything we can to get your money back while still preserving a good relationship with your customer. Our strategic public relations efforts are fair, but firm-ensuring your reputation is our top priority!
We combine a people-oriented approach with the latest tech-driven solutions to drive results and provide better contact management. This comprehensive method gets the results you need while preserving customer relationships.
In addition, our network of debt collectors, attorneys, suppliers and vendors are cherished relationships that allows us to get the job done. We value each of these relationships, no matter how small or large.
Contact us today and learn what we can do for your business.
We are able to collect, and most importantly, report to the credit bureau on any outstanding debts in Canada and we can assist you in legal action as well.
It costs nothing to hire our services, as we operate on a "no win no fee" basis. You only pay once we are successful in retrieving your outstanding debts.
$1000 in 1 account or a minimum of 15 accounts in any denominations above $50.
Everything except for employment standard debts.
There is no exact timeline of any collection process, however, next step procedures are in place for the unresponsive debtor.
We aggressively contact them over the phone to have the matter resolved and we also send out a letter to reiterate that urgency. Should we continue to receive non-payment then we will automatically report them to their credit history after 30 days of submission. After that, we review for legal action. If legal action is declined, then we will continue to aggressively contact them to get the account resolved.
Average statute of limitation is 6 years.
Unfortunately, we are unable to offer that service.
Yes, all necessary documentation proving the outstanding debt is required.
Yes, we do.
Only a maximum of 15% of legal fees can be added against the debtor and that is up to a Judge's discretion.
