Is CCDR legit?

_{CCDR legitimacy, if CCDR is legit, Quebec}

When looking into debt relief options, it’s crucial to ensure you’re dealing with a trustworthy organization. CCDR raises some eyebrows with high upfront fees and no proper licensing. For genuine help like consumer proposals, licensed trustees are the go-to, but remember, not all trustees can be trusted. Tread carefully and make informed choices. Reach out via phone, text or live chat if you have any questions.

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_{Beware of unlicensed debt relief like CCDR services.}

Ccdr Legitimacy Question

Is CCDR legit? I’m curious about CCDR and if it’s a legitimate organization when it comes to debt collection.

From: Anonymous Question
Location: Montreal, Quebec (QC)
Category: debt settlement

Ccdr Legitimacy Answer

It seems there might be some clouds over CCDR’s standing as a trustworthy service for managing debt. The company’s approach, charging high upfront fees without the necessary licensing, rings alarm bells. Generally, genuine debt relief, like a consumer proposal, should really be handled by Licensed Insolvency Trustees, and since CCDR doesn’t fit the bill, it’s understandable to be skeptical about their operation. Truthfully, their methods kinda mirror those infamous stories we’ve heard about dodgy debt relief schemes promising the moon. So, it’s always wise to tread carefully and equip yourself with the right information when choosing debt relief solutions.

From: Insider Scott

Office of the Superintendent of Bankruptcy (OSB) Answer

To ensure CCDR’s legitimacy, it’s advisable to verify their compliance with these laws and to check if they are registered with appropriate regulatory bodies.

From: OSB Helper

Related Questions to If Ccdr Is Legit

Here are the top 5 most frequently asked questions related to the legitimacy of Canadian Customer Debt Relief (CCDR), formatted in markdown:

1. Is CCDR legit and trustworthy?

• CCDR is generally considered legitimate but has some concerns regarding their fees and services.

2. What services does CCDR offer, and are they legal?

• CCDR offers debt settlement and debt relief services, but they cannot administer consumer proposals or bankruptcies themselves; they may refer clients to Licensed Insolvency Trustees.

3. How do CCDR’s fees work, and are they refundable?

• CCDR’s administration fees are non-refundable unless there is a verifiable error on their part; they do not refund fees based on the outcome of the debt relief plan.

4. Can CCDR stop legal action from creditors?

• No, CCDR cannot stop legal action from creditors; only a Licensed Insolvency Trustee can do this.

5. Should I use CCDR or go directly to a Licensed Insolvency Trustee?

• It is recommended to go directly to a Licensed Insolvency Trustee to avoid additional referral fees and ensure legal compliance with debt relief processes.

If you have a question about debt see our debt questions or ask your own debt related question.

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