The team at Menzies Lawyers has years of experience in the area of debt collections and litigation. If you or your company are faced with a situation in which a borrower has failed to repay you, and you have exhausted other avenues trying to collect, we may be able to help.
We can offer advice tailored to your unique situation, and will explore with you the most cost-effective solution to maximize your chances of recovery. Our collection methods include:
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Generally, the limitation period in Ontario for bringing a lawsuit to collect a debt is two years from the last written acknowledgment of the debt or two years from the last payment, whichever is later. There are exceptions, but creditors are strongly advised to obtain legal advice well before a potential limitation period comes up.
To schedule a free initial consultation, please call 613-722-1313 or email us at email@example.com. We look forward to assisting you with your case.