aye i hear ya and thanks again , i will just ignore the phone calls and any letters that i receive and such , cause heck if td really wanted to take me to court and it being in collection for a year before giving in to mjor and joel miskiin they would of done so long before now .

PS: I think you would be wise not filling out any forms about income and assets. You would likely restart the limitation period by signing the form and providing written acknowledgment of the debt.

Even worse, you're medical condition or disability would get stuck on your credit bureau reports and then you're really screwed.

And it would be all for nothing really. They're not going to sue you and TD asks for those medical/income forms so the zombies working in their recovery department can show it to their bosses and make their recovery ratio look better than it is and so get a bigger Christmas bonus. Meanwhile, it would really screw up your future job and credit prospects. A steep price indeed.

Ray

thanks raymond , well the account went into default to my knowledge around the spring last year so by next spring it should be like you said stats barred , and any letters i receive as well as notices and such i will of course put tyhem aside for future reference , thanks again and i will keep you updated should anything arrise

:-) Not that big of a problem.

TD usually places these accounts with MJR or Pomer & Boccia.

The former is a collection agency in Mississauga by the Airport who use lawyer Joel Miskin's letterhead to send out collection letters.

The latter is more of a Punjabi collection agency over on Steeles Ave West although they, too, have 2 lawyers who let them use their names on letterheads.

I mention both because they will likely rotate the account to Pomer & Boccia after 6 months.

Both mindless agencies are equally useless, but TD encourages (or at least they did) Pomer and Boccia to send out phoney Form 7A "Draft Statements of Claim" to the various accident victims and ambulance cases they are forever chasing down.

If you get one of these AFTER the debt is stats barred, you should send in a complaint to the Law Society of Upper Canada, NOT Consumer Protection, about a lawyer knowingly engaging in deceptive practices. It violates their Rules of Professional Conduct (See Rule 2.02). As well, you should send a letter into FSCO (Financial Services Commission of Ontario) complaining about the bank knowingly commissioning its agent to engage in this illicit beaviour.

The bank account will become stats barred 2 years after it went into default. TD Recovery thinks it's when the account was written off 6 months later but it's not. Save any old account statements or notice letters you have from TD. They will come in handy when the bluffing calls come in - and believe me they will. But just use them for a laugh.

TD will not sue you over this amount, especially since they probably know your circumstances already. And if they don't you would be wise not to tell them.

Ray

Hello this is just an update as i made a post awhile ago about a overdrawn account i have with td canada trust , well it's been in collections for just over a year and 6 months and today i received a call from representative from mr joel's miskin office demanding i make some payment arrangements , my debt with td is just over 1600$.

Quite simple i'm on ontario disability support program and only get 1000$ a month from the government and with my living expenses i simple dont have the money to make payments .
joel's miskin office has said that if i dont attempt to make any payments that td canada trust will take legal action against me .

i need advice on this matter quickly as he is asking for proof of my income and a list of my living expenses to be faxed by tomorrow morning.

my main concerns is that i would be taken to court and sued or something :( .