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Sands & Associates Vice-President and licensed trustee Blair Mantin recently spoke with Debt Free in 30 host Doug Hoyes about American-based debt settlement companies, and their impact on Canadians.

While debt settlement companies have received media attention and the implementation of legislation changes restricting their practices in other provinces, British Columbia has yet to follow suit.  Blair discusses the possible ramifications of unlicensed debt settlement, and alternative solutions for Canadians.

Debt Free in 30 is a weekly 30-minute radio show and podcast; industry experts on topics such as debt and personal finance offer insights and advice to listeners.  Hosted by Doug Hoyes, licensed trustee and co-founder of Hoyes Michalos & Associates Inc, other notable past guests have included well-known personal finance expert and TV personality Gail Vaz-Oxlade, personal finance columnist Jonathan Chevreau, as well as Dr. Leanne Davies who recently co-authored a book with Blair entitled “When Life Bites you in the Wallet”.

Click here to listen to the free podcast at the iTunes store.

A full summary of the Debt Free in 30 episode “Predatory Practices of U.S. Debt Settlement Companies” can be seen here.

To meet with a licensed trustee regarding your available debt options, please contact us to arrange a free, confidential consultation in your area.