Canadian professionals’ Guide to Debt Consultant Pitfalls: Lessons from the UK and Australia

Paul Franchi urges Canadian lawyers, accountants, mortgage brokers, LITs and other professionals to recognize the risks posed by unregulated debt consultants, arguing that Canada can learn from the UK and Australia’s stronger upstream oversight while acknowledging that Canada’s fragmented federal-provincial framework leaves reform focused largely on trustee conduct rather than the debt-advice marketplace itself.

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