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Manitoba
Priority Credit Recovery or PCR is a fully licensed and bonded commercial collection agency in Manitoba or MB under the Manitoba Consumer Protection Act. PCR is 100% compliant with applicable Manitoba laws and carries $2,000,000.00 of Professional Liability (Errors and Omissions) Insurance as further protection for our clients.
No matter which collection agency you choose, make sure they are licensed in the Province of Manitoba under the Manitoba Consumer Protection Act. In MB it doesn't matter if it is a consumer or commercial debt. In order for a 3rd party to collect your debt in Manitoba they must be a lawyer or a licensed collection agency in Manitoba. There are no exceptions.
To verify if an existing or prospective collection agency is a fully licensed and bonded in Manitoba, call (204) 945-3800 or (800) 782 0067 (toll free). To view additional information on Manitoba debt collection regulations follow the link provided.
Numerous collection agencies will claim they can legally collect commercial debt in MB when in reality they are just praying they don't get caught. When they do get caught you the client may face possible liabilities for the illegal actions of their collection agency.
Using a collection agency in Manitoba that isn't licensed is playing roulette with your reputation and there are numerous pitfalls such as:
It is illegal in Manitoba for a collection agency to conduct business using any name other than the name under which it holds a collection agency license.
In Manitoba neither a collection agency nor a collector is permitted to state an intention to take any action for which it lacks lawful authority.
In Manitoba BEFORE communicating with Manitoba residents a collection agency must hold a valid collection agency license issued under the Manitoba Consumer Protection Act.
Using a collection agency in Manitoba that isn't licensed could come back to haunt you. Sooner or later the collection agency generates a complaint or query and you are no longer dealing with a debtor but a Large Government regulatory body who wants to know why you have an agency that isn't licensed, collecting debt in Manitoba.
When it comes to commercial collections in MB, PCR has the tools, licensing and collection professionals to turn your receivables into fast bankable dollars. Make PCR your commercial collection agency in MB.
Interested in more information how PCR can improve your bottom line in Manitoba? Contact PCR for your debt collection options.
In the Yukon Despite any agreement between a creditor and a debtor, the debtor is not responsible for any expenses incurred by the collection agency or the creditor employing the collection agency.
