Transworld Systems Canada

What is Transworld Systems Canada?

Transworld Systems Canada is a debt collection agency that helps businesses recover unpaid debts.

They operate across Canada with offices in major cities like Toronto, Vancouver, and Montreal.

The company has been around since 1964 and focuses on debt collection and debt purchase.

They work with a variety of creditors, including telecommunications companies, banks, government agencies, healthcare providers, utilities, education lenders, commercial businesses, credit card companies, and retail stores.

Many consumers report that Transworld Systems Canada is persistent with phone calls, but also willing to negotiate in some cases.

EOS Canada has recently rebranded as Transworld Systems Canada, so they may still appear as EOS Canada on caller ID.

Why is Transworld Systems calling me?

If you’ve received a call from Transworld Systems, they’re probably 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.

Transworld Systems Canada collects for:

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

Is Transworld Systems a legitimate collection agency?

Yes, Transworld Systems Canada is a legitimate debt collection agency.

The company has been in business since 1964, making them one of the more established collection agencies in the country.

They operate under provincial licensing and regulations. However, scammers sometimes impersonate collection agencies, so always verify any debt in writing before paying.

Your rights when a debt collection agency like Transworld Systems Canada 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 Transworld Systems Canada 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.