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Nunavut
Priority Credit Recovery or PCR is a fully licensed and bonded commercial collection agency in Nunavut or NU under the Nunavut Consumer Protection Act. PCR is 100% compliant with applicable Nunavut 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 Nunavut. In NU it doesn't matter if it is a consumer or commercial debt. In order for a 3rd party to collect your debt in the Nunavut they must be a lawyer or a licensed collection agency in Nunavut. There are no exceptions.
In order to check if an existing or prospective agency is a fully licensed and bonded collection agency in the Nunavut call (867) 793-3321.
Numerous collection agencies will claim they can legally collect commercial debt in the Nunavut 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 Nunavut or NU that isn't licensed is playing roulette with your reputation and there are numerous pitfalls such as:
In Nunavut a collection agency attempting to collect a debt must hold a collection agency license under the Nunavut Consumer Protection Act
Nunavut is unique in Canada as it was only created in 1999. Presently the Northwest Territories legislation is very similar. At some point Nunavut will enact legislation regulating the conduct of collection agencies attempting to collect monies from the residents of Nunavut.
When it comes to commercial collections in NU, PCR has the tools, licensing and collection professionals to turn your receivables into fast bankable dollars. Make PCR your commercial collection agency in Nunavut.
Want more information how PCR can improve your bottom line in Nunavut? Let a PCR professional guide you through the Nunavut collection agency 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.
