Land Ownership Transparency Registry

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What to do when a Commercial Debtor Refuses to Communicate Author : IRS Collections
Published on : March 1, 2021

Ghosting, or putting a creditor on permanent ignore, is fairly common in consumer debt collection. While this has remained constant in consumer collections, we have noticed a substantial increase of commercial debtors (especially limited companies) who have chosen to cut off communications with their unsecured creditors. All of a sudden you can't get the person responsible for paying your receivable on the phone. Messages are never returned and the debtor company has stuck their head in the sand, hoping you will give up and just go away.
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When is a Debt Statute Barred? Author : IRS Collections
Published on : February 6, 2021

There are provincial Statutes of Limitations on when you can sue, or litigate, a debt in different provinces. In the US the Statutes of Limitations for different states can be anywhere from 3 to 15 years. Whether you are lending or collecting, it is wise to be aware of the Statutes of Limitations in the states or provinces where your customers reside.
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Business Trends in 2021 Author : IRS Collections
Published on : January 7, 2021

It is easy to see that many business process changes, or trends, made because of Covid will remain in 2021 and beyond in Canada. For many companies Covid has been a real eye opener and many of the changes will become permanent
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Debt Collections and Covid Author : IRS Collections
Published on : December 7, 2020

Covid has had a major impact on debt collections in the travel, restaurant and tourism related industries such as accommodations and entertainment.
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Land Ownership Transparency Registry Author : IRS Collections
Published on : November 3, 2020

At the end of this month the Province of BC is implementing a new Land Owner Transparency Registry, which is aimed at reducing money laundering through real estate transactions.
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