MJR Capital Services

What is MJR Capital Services?

MJR Capital Services is a debt collection agency that helps businesses recover unpaid debts. They operate across Canada, focusing on the credit granting industry to recover both secured and unsecured credit accounts.

They collect debts for a variety of creditors, including banks like BMO and Canadian Tire Credit Card, as mentioned by multiple consumers. Many report that MJR Capital is persistent with phone calls but generally follows standard collection practices.

Why is MJR Capital Services calling me?

If you’ve received a call from MJR Capital Services, it usually means they’re trying to recover an unpaid debt on behalf of a creditor.

If you’re unsure why they’re calling, ask for written verification of the debt before sharing any personal information or making a payment.

MJR Capital Services collects for:

• Banks and financial institutions (e.g., BMO, Canadian Tire Credit Card)
• Telecommunications companies (phone, internet, cable)
• Government agencies
• Healthcare providers and hospitals
• Utilities (hydro, gas, water)
• Education and student loans
• Commercial businesses
• Credit card companies
• Retail stores

Is MJR Capital Services a legitimate collection agency?

Yes, MJR Capital Services is a legitimate debt collection agency. Their branches and employees are licensed with provincial governing ministries. However, scammers sometimes impersonate collection agencies, so always verify any debt in writing before paying.

Your rights when a debt collection agency like MJR Capital Services contacts you

Debt collectors and collection agencies must follow a code of conduct outlining what they can and cannot do:

• Every time a debt collector contacts you, they must identify themselves.
• Debt collectors can only contact you during specified hours, usually between 7 AM and 9 PM (but exact times depend on your province)
• They cannot make false or misleading representations to collect a debt.
• Debt collectors may not harass, threaten or intimidate you.
• Debt collectors may not use threatening, profane, intimidating or coercive language.
• Debt collectors may not apply undue, excessive or unreasonable pressure.
• Ask for written proof before answering questions, providing personal information, or paying anything.
• A debt collector can't contact you at work once you've told them not to.

What to do if a debt collection agency like MJR Capital Services contacts you

1. Ask for written verification of the debt.
2. Don't acknowledge that you owe the debt or supply sensitive information until you've verified it.
3. If you want the phone calls to stop, you can request in writing that the collection agency stop calling, but this won't prevent further legal action.
4. If you don't think you owe money, dispute the debt and ask for written proof.
5. Consider speaking with a Licensed Insolvency Trustee for free advice.