Debt Collection in a Digital Age
- September 15, 2023
- Posted by: cgiadmin
- Categories: Credit Management, Debt Collection
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In today’s digital age, where technology is continuously reshaping industries and consumer behaviour, the debt collection landscape in Canada is no exception.
Secrets and Tips to Crafting a Rock-Solid Credit Agreement
- May 10, 2023
- Posted by: cgiadmin
- Category: Credit Management
A credit agreement is a legally binding document that outlines the terms and conditions of a loan or credit extension between two parties. Crafting a rock-solid credit agreement is critical to protect both parties from financial loss or legal disputes.
Ontario Small Claims Limit Increases to $35,000
- January 11, 2020
- Posted by: cgiadmin
- Categories: Accounts Receivable, Bankruptcy and Proposals, Commercial Debt Collection, Consumer Debt Collection, Credit Management
On January 1st 2020, the Small Claims Limit in Ontario increased from $25,000 to $35,000. Creditors can now sue larger outstanding debts in the Ontario Small Claims system which could mean a quicker collection result.
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