CAN SOMEONE ALSO TELL PEOPLE IN THE FORUM AT THE LINK BELOW OF THE SEVERAL BELOW NOTED NEW REVELATIONS:
http://forums.canadiancontent.net/consumer-awareness/48192-portfolio-management-canada-inc-7.html

SASKATCHEWAN GAZETTE STATES PORTFOLIO IS REGISTERED IN FLORIDA
http://www.qp.gov.sk.ca/documents/gazette/part1/2007/G1200712.pdf

Portfolio Acquisitions Canada Inc., GOT A WRIT OF SEIZURE AND SALE IN JAN 2005 AGAINST A WOMAN'S HOUSE LOCATED AT 2651 Dundas Street, London, Ontario AND AUCTION WAS OCTOBER 2, 2007 -
http://www.softwaredevelopment.ca/landsold.shtml

YOU CAN ALSO FIND THIS IN A GOVERNMENT OF ONTARIO PDF DOCUMENT ON PAGE 17 AT THE FOLLOWING LINK (The Ontario Gazette) September 1, 2007
http://www.gov.on.ca/GOPSP/en/graphics/169297.pdf

AS YOU MAY SEE, THESE APPARENTLY BEGIN AS SIMPLE TELEPHONE CALLS BUT APPARENTLY AS SELF-EVIDENCED IN THE GOVERNMENT PUBLICATIONS, HOMES MAY BE AUCTIONED TO ENFORCE THE COLLECTION OF THESE DEBTS AND FOR MANY WITHOUT FUNDS OR KNOW-HOW.....?

MANY MAY ALSO BE INTERESTED IN THE FOLLOWING NEWS ARTICLE...
PORTFOLIO WAS MENTIONED IN AN NEWS ARTICLE THAT APPEARS TO BE ABOUT COMPANIES THAT GOT CAUGHT STEALING LOTS OF SOFTWARE
"Some 11 Canadian companies from diverse industries have agreed to pay a total of $252,093 to settle claims that they were using unlicensed software, according to two anti-piracy watchdog groups.
• Portfolio Management Canada Inc., a company that specializes in the area of debt acquisition and subrogation management, headquartered in London, Ont, paid $40,001."
FIND THE NEWS ARTICLES AT THE TWO LINKS BELOW:
http://www.pcworld.ca/news/article/67d6dd220a0104080036ef21e1189f16/pg1.htm

- - - AND - - -
http://www.itworldcanada.com/Pages/Docbase/ViewArticle.aspx?ID=idgml-e13bc413-b2a2-4b3e-a656-7248c47ac0b2

Another thing worth paying attention to are statement of claims that appear to be filed separately by this company against a single individual apparently to circumvent the small claims court threshhold limit of $10,000.00 In other words, to make a claim in small claims court, the maximum claim against an individual is $10,000.00 and if a company that buys debts ends up with several accounts against an individual, then they may try to file separate claims for these accounts, however, apparently this is against the rules as they must file one claim for all of their accounts against an individual. And the defendant must pay the filing fee separately for every claim filed against them.

Bell said they sold "the debt" to PMC in 2003 and have no record of it left.

Hey mikloslegrady,

Did you contact Bell regarding this?
It might be good to go to them directly.

Portfolio Management Solutions Inc probably got your name on a data disk and will call. They probably have no idea of the real history of the account.

I just received a phone call from PMC.

I've had this phone number for 8-9 years,
my bell bill includes my internet and home phone.

PMC says I owe them $67 + $30 fee on a Bell bill for Aug. 2002,
on a debt they purchased from Bell in 2003,
and this is the first time they called me.

I'm wondering why Bell would not add
the Aug 2002 bill, if unpaid, to the next month's bill.

PMC so far has refused to send me a copy of the info
or a written request, saying I should drive down to London, On. from Toronto, pay my bill, and then they'll issue me the info.

Something's wrong here. They got this info from Bell in 2003.
Why did they wait 4 years? Is there a time limitations beyond which they can't collect? It's not the money, I can pay $97 easely. It just feels like something's wrong here.
And why do they not want to send me a written statement?

Yes I have delt with this company and it was a very unpleasent experience. Actually it was quite disturbing how easily this collector resorted to harrassing insults, yelling, contacting me day and night and at work. At the end of it all I felt like I was dealing with a psycho path. Let me know if you would like more detailed information.

Marie

Portfolio Management Solutions Inc

I found this very long thread over at

canadiancontent.net regarding Portfolio Management Solutions Inc

I was really curious to know where "Simpleton" was able to scrape this information from?

Where could he possibly get the inside information that: This sale consisted of approximately 16,379 accounts, consisting of both consumer loans and conditional sales accounts originally booked by CitiFinancial, Avco Financial Services, Beneficial Canada, and Superior Credit Corporation.

This is a pretty good find.

Portfolio Management Canada Inc., anybody ever heard of them , or dealt with them?

They are a collection agency based in London, Ontario. I am doing some research on them, and I'm wanting to know if anybody on these forums has ever dealt with them. I'm looking for good and bad war stories, so please feel free to offer your experiences with them.

I have collected the following information so far:

Portfolio Acquisitions Canada Inc, purchased a block of bad debt from CitiFinancial Canada on or about August 7, 2002.

This sale consisted of approximately 16,379 accounts, consisting of both consumer loans and conditional sales accounts originally booked by CitiFinancial, Avco Financial Services, Beneficial Canada, and Superior Credit Corporation.

Portfolio Acquisitions Canada Inc, purchased a block of bad debt from CitiFinancial Canada on or about October 30, 2002.

This sale consisted of approximately 13,000 accounts.

Portfolio Acquisitions Canada Inc, purchased a block of bad debt from CitiFinancial Canada on or about December 20, 2002.

This sale consisted of approximately 14,102 accounts.

Portfolio Acquisitions Canada Inc, purchased a block of bad debt from CitiFinancial Canada on or about March 31, 2003.

This sale consisted of approximately 18,817 accounts.

Portfolio Acquisitions Canada Inc, purchased a block of bad debt from CitiFinancial Canada on or about June 20, 2003.

This sale consisted of approximately 14,104 accounts.

Portfolio Acquisitions Canada Inc, purchased a block of bad debt from CitiFinancial Canada on or about September 30, 2003.

This sale consisted of approximately 7,534 accounts.

Portfolio Acquisitions Canada Inc, purchased a block of bad debt from CitiFinancial Canada on or about December 23, 2003.

This sale consisted of approximately 10,953 accounts.

As you can see from the above numbers, that's a lot of bad debt. If you've ever dealt with Portfolio Management Canada, Inc., I'd really like to hear from you. Thank you.