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Lawyers increasingly regulated as debt collectors

Thursday, October 13, 2016 @ 8:00 PM | By François Sauvageau

There is an unanswered — and perhaps unexplored — question in the Canadian debt collection industry: must lawyers abide by the applicable consumer protection and/or debt collection legislation in their respective provinces of practice, or are they governed only by the rules and obligations established by the profession’s self-governing bodies? For now, the answer is not clear.

Consumer protection and/or debt collection legislation varies from jurisdiction to jurisdiction, especially in regards to the actions performed by non-lawyer employees engaged in negotiating the repayment of debts under...