May 10, 2012

The Ontario Government’s Ministry of Consumer Services is the latest government body to issue a consumer alert “warning consumers to exercise caution when considering a contract for debt settlement services.” They warn that “complaints about companies offering debt settlement services are increasing,” and “most of the complaints are about unclear or misleading contracts, excessive fees, and failure to reduce debts as promised.”

If you are considering using a debt settlement company read the following official government warnings and learn the difference between debt consolidation and debt settlement. Make an informative decision!

Government of Canada Consumer Alert

Ontario Government Consumer Alert

Prince Edward Island Government Alert

Manitoba Government Warnings and Action

Nova Scotia Government Cautions Consumers

Ontario Provincial Police Warning

If you have made an agreement with a Debt Settlement company and have experienced an unfortunate or unforeseen situation please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. or 1.877.588.9491 ext.119.