Debt Free In 30

489 – The Fight Against Debt Consultants

Informações:

Synopsis

In this episode of Debt Free in 30, Doug and Ted discuss the ongoing battle against unregulated debt consultants. They dive into the recent developments, including the conversation with Superintendent of Bankruptcy Elisabeth Lang and the release of a comprehensive position paper. The paper exposes the deceptive practices of these consultants, who have cost consumers a staggering $21 million in fees over the last two years! Doug questions the effectiveness of government actions while providing practical tips to avoid falling prey to debt relief scams.   Related Links:  Position Paper on the Adverse Effects of the Debt Advisory Marketplace on the Insolvency System.   https://ised-isde.canada.ca/site/office-superintendent-bankruptcy/en/licensed-insolvency-trustees/adverse-effects-of-the-debt-advisory-marketplace-on-the-insolvency-system  The Adverse Effects of the Debt Advisory Marketplace on the Insolvency System   https://ised-isde.canada.ca/site/office-superintendent-bankruptcy/en/licensed-insol