Is MJR Capital Services legit?

MJR Capital Services legit, if MJR Capital Services is legit, Alberta

MJR Capital Services, a Canadian debt collection agency, claims certifications for security like PCI DSS, SOC 1, and SOC 2. However, they’ve faced criticism for harassment and ignoring bankruptcy laws. Such actions question their trustworthiness in debt relief. If dealing with debt issues, ensure you’re informed and cautious. Reach out via phone, text, or live chat if you have any questions.


MJR Capital Services debt collection agency facing harassment claims and scrutiny for ignoring bankruptcy laws.

MJR Capital Services: Debt collection agency facing harassment claims.

Mjr Capital Services Legit Question

Is MJR Capital Services legit? I need to know if this company is trustworthy. It’s important to verify before I interact with them or share any details.

From: Anonymous Question
Location: Calgary, Alberta (AB)
Category: debt settlement

Mjr Capital Services Legit Answer

MJR Capital Services is a Canadian debt collection agency. Sure, they’ve got the badges with certifications like PCI DSS, SOC 1, and SOC 2, showing they’re big on security. But, it’s not all rosy! They’ve been catching a lot of flak for harassment and ignoring bankruptcy laws, which is a big no-no. Seems like they might be missing a beat, especially when someone’s declared bankruptcy and they’re supposed to pause collection calls. Yep, this kind of behavior makes one wonder about how trustworthy they really are when it comes to debt relief.

From: Insider Adam

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Office of the Superintendent of Bankruptcy (OSB) Answer

I cannot verify the legitimacy of MJR Capital Services using the provided sources, as they contain legal frameworks related to bankruptcy and insolvency but do not specifically address individual companies. To determine if MJR Capital Services is trustworthy, consider checking for reviews or their registration status with regulatory bodies, or whether they are licensed under the Bankruptcy and Insolvency Act, which includes provisions in the act and its regulations.

From: OSB Helper

Here are the top 5 most frequently asked questions related to the legitimacy of MJR Capital Services, based on the provided sources and general trends in consumer concerns:

1. Is MJR Capital Services a legitimate collection agency?
  • Yes, MJR Capital Services is a legitimate collection agency operating in Canada.
2. Why does MJR Capital Services keep calling me?
  • MJR Capital Services contacts individuals when a credit grantor assigns them an outstanding account associated with the individual’s information.
3. How do I stop MJR Capital Services from calling me?
  • To stop the calls, you need to resolve the outstanding account or provide proof that the number is incorrect, and then contact MJR Capital Services to update their records.
4. Does MJR Capital Services report to credit bureaus?
  • MJR Capital Services does not report to credit bureaus; instead, the credit grantors update the credit bureaus based on their policies.
5. How do I settle a debt with MJR Capital Services?
  • To settle a debt, you should contact MJR Capital Services to discuss a payment arrangement or settlement offer based on your financial situation.

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

References

Title, Source
MJR Capital Services Reviews, Birdeye
Understanding Licensed Insolvency Trustees, Government of Canada
Debt Collection Practices, Canadian Consumer Protection
Bankruptcy and Insolvency Act (R.S.C., 1985, c. B-3), Government of Canada

Table of article references



Elimiate up to 80% of Your Debt

High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!

Write off up to 80% of your debts
Reduce debts into one affordable monthly payment
Stop all collections calls
No interest and charges (completely frozen)
Government-legislated debt relief programs