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Saskatchewan
Priority Credit Recovery or PCR is a fully licensed and bonded commercial collection agency in Saskatchewan or SK under the under The Collection Agents Act. PCR is 100% compliant with applicable 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 Saskatchewan under The Collection Agents Act. In SK it doesn't matter if it is a consumer or commercial debt. In order for a 3rd party to collect your debt in SK they must be a lawyer or a licensed collection agency in Saskatchewan. There are no exceptions.
Numerous collection agencies will claim they can legally collect commercial debt in SK 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 Saskatchewan that isn't licensed is playing roulette with your reputation and there are numerous pitfalls such as:
In Saskatchewan a collection agency is not legally entitled to recover from a debtor any costs it incurs when collecting a debt, including the cost of sending a courier to the debtor's residence to pick up a payment.
In SK It is illegal for a collection agency to use a collection letter unless the collection letter has been filed with the Saskatchewan Registrar and approved by the Registrar.
In Saskatchewan a collection agency shall not commence or continue a lawsuit for the recovery of a debt in the name of a collection agent as plaintiff unless the collection agency has purchased the debt for valuable consideration and the debtor has received notice of the sale of his account.
Using a collection agency in SK that isn't licensed is dicey, especially the second point above. Sooner or later the 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 Saskatchewan.
When it comes to commercial collections in SK, PCR has the tools, licensing and collection professionals to turn your receivables into fast bankable dollars. Make PCR your commercial collection agency in SK.
Select a City in Saskatchewan for more information:
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In Alberta It is illegal for a collection agency to carry on business using any name other than the name under which it holds a collection agency license. A collector employed by a collection agency who claims to be calling from somewhere other than a collection agency is breaking the law. This includes a collector calling under the guise of a law firm, a creditor, or some government agency.
