Debt Collection Company, Rapid Recovery Solution, Released a Statement Regarding Ontario Turning to Debt Collection to Cure $1 Billion Deficit

Rapid Recovery Solution releases a statement in response to Ontario using debt collection to fix major deficit.

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Bohemia, NY (PRWEB) November 22, 2012

On November 22, 2012, debt collection company, Rapid Recovery Solution, released a statement following a Toronto Sun article about Ontario turning to debt collection in order to patch their massive $1 billion deficit from unpaid fines.

According to the Toronto Sun article, “Ontario government faces huge deficits and an estimated $1 billion in unpaid fines. Those with Provincial Offence Act (POA) fines can expect municipalities to flex their muscles with a more aggressive approach to collection in the coming months.” The article states that some of the measure taken for unpaid fines include, suspended driver’s license, collection agencies at their doorstep, and in some cases a lawsuit.

According to Janice Hoskins, Peterborough, ONT manager of court services, “My job is to ensure that I collect as much of the debt owed to the Crown as I can. What I’m trying to do is bring all the fines into the current collection streams so that we can move forward and collect on them.” The article mention that Peterborough made it very clear they meant business, as resident Dolores Wurtz had her license suspended until she paid her $150 fine.

John Monderine, CEO of debt collection Company Rapid Recovery Solution stressed the importance of Ontario to focus on current profits. "I think any creditor waiting 10 years to collect on money is irresponsible. These debts should be forgiven. Concentrate on current bills.”

Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.

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