For Tenants with Outstanding Debt

Outstanding debt costs you time, money and peace of mind. The good news is that you have options...
1) How do I settle my debt?
2) Suite Collections has been listed on my Equifax and TransUnion Report.
    What should I do?
3) What are the consequences of not paying my debt?

1) How do I settle my debt?
Your current or former landlord has contracted with Suite Collections to act on their behalf.

To settle your debt, contact Suite Collections at 416.642.0291, or by email at debtpayments@suitecollections.com. Do not contact your landlord directly.

Payments can be made in full by credit card, money order, certified cheque, or personal cheque. We do not accept cash payments. If you cannot make your payment in full we will work out a payment schedule with you.
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2) Suite Collections has been listed on my Equifax and TransUnion Report. What should I do?
Suite Collections has been listed on your Equifax and TransUnion Report because you have outstanding debt with a current or former landlord who has contracted with Suite Collections to act on their behalf.

To settle your debt, contact Suite Collections at 416.642.0291, or by email at debtpayments@suitecollections.com. Do not contact your landlord directly.

Once your debt has been settled in full, Equifax and TransUnion will be notified and your file will be updated to reflect your settlement. You will also receive a release letter from Suite Collections, and your credit will return to good standing.
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3) What are the consequences of not paying my debt?
The cost of outstanding debt can be debilitating:
  • A matter of public record, information about a judgment against you for outstanding debt may be seen by future employers, business partners and loans officers, and can lead to stress and embarrassment.

  • Outstanding debt affects your credit rating, making it difficult or impossible to obtain a loan or mortgage.

  • You can be taken to court, where a judgment against you can result in having your wages garnished and/or a lien put on your house. In addition to your own court and lawyer fees, you may also have to pay those of your landlord.
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