ODSP and payday advance loans

[flukeoftheuniverse]

I'll apologize in advance if this question has been asked and answered
already in a previous post. I searched as best I could to find any
referrences in past discussions, but found not a thing.

My question is simply this: If you have to default on payday advance
loans taken on your ODSP benefits cheque, can those loan companies
have your ODSP guaransheed (sp?) directly?

I'd appreciate any and all responses, advice or experiences that might
help clarify the legality of this issue.

~D

[flukeoftheuniverse]

New to google groups, my apologies if this is being sent twice.

Also, my apoligies if this topic has been covered in previous
discussions. I searched as best I could to find any referrence to the
topic... and found nothing.

If you default on payday advance loans taken on your ODSP benefits
cheque, can those companiees (MoneyMart, The Cash Store, Greenbacks
etc...) guaranshee (sp?) your ODSP funds directly?

I look forward to any and all responses.

~D

[Frank]

>>>My question is simply this:  If you have to default on payday advance loans taken on your ODSP benefits cheque, can those loan companies have your ODSP guaransheed (sp?) directly?<<<

My understand no company can do that. Sorry you got caught up in their spider web of interests. If I was you, I'd get a short term loan from a bank to fix the mess you're in with them. After that, DO NOT use cash advance services, ever. Take care, Frank. _______________________________________ He who oppresses the poor shows contempt for their Maker, but whoever is kind to the needy honors God.  Proverbs 14:31 --- On Fri, 3/13/09, flukeoftheuniverse <dae...@gmail.com> wrote:

From: flukeoftheuniverse <dae...@gmail.com> Subject: [odspfireside: 21742 ] ODSP and payday advance loans To: "ODSP Fireside" <odspfi...@googlegroups.com> Received: Friday, March 13, 2009, 12:01 PM My question is simply this: If you have to default on payday advance loans taken on your ODSP benefits cheque, can those loan companies have your ODSP guaransheed (sp?) directly?

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[carol doucette]

I used to work for a well known chq.cashing chain and I don't ever remember garnishing anyones ODSP cheque.I'm pretty sure cash money can recoop funds from your bank account but don't think money mart does but they will send it to collections.Good Luck and if you can pay them something do it or they will Harass you EVERY DAY with calls-Money Mart will anyway.

--- On Fri, 3/13/09, flukeoftheuniverse <dae...@gmail.com> wrote:

From: flukeoftheuniverse <dae...@gmail.com> Subject: [odspfireside: 21742 ] ODSP and payday advance loans To: "ODSP Fireside" <odspfi...@googlegroups.com> Received: Friday, March 13, 2009, 12:01 PM

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[SANDY PEPLER]

Hi there....what i know about payday advances is if you default they notify ODSP and it is considered income and you get dinged with an overpayment..and can be in trouble for having "extra income" .....I hope this helps somewhat

--- On Fri, 3/13/09, flukeoftheuniverse <dae...@gmail.com> wrote:

From: flukeoftheuniverse <dae...@gmail.com> Subject: [odspfireside: 21742 ] ODSP and payday advance loans To: "ODSP Fireside" <odspfi...@googlegroups.com> Received: Friday, March 13, 2009, 12:01 PM

[Annie]

As far as I remember it works the way it says it will, no garnishee
just a bigger hole in your pocket. Personally I would try and talk you
out of using those companies. I got into a rut using them every month.
But...if you have to, you have to..

[Frank]

>>>...payday advances is ...having "extra income"<<< How in the whole wide world can that be so? If someone borrows on their future money from ODSP, sadly, too many do, rather then tighten their belts they go to these "legalized" loan sharks and get dinged a very high interest rate. Every time they pay off the month before, they are short again, so they borrow again, and again and again. Each time more and more of the ODSP cheque is eaten up by repayments. In time your whole ODSP cheque has to pay off the sharks. Get'em off your back with a short term loan from a bank and then practice restraint. If you can't get a loan and if you do not own a house, you can declare bankruptcy.

Take care, Frank. _______________________________________ He who oppresses the poor shows contempt for their Maker, but whoever is kind to the needy honors God.  Proverbs 14:31

--- On Fri, 3/13/09, SANDY PEPLER <sandy_...@rogers.com> wrote:

---

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[Frank]

>>>I got into a rut using them every month.   But...if you have to, you have to..<<<

Not true. As I stated in another reply, soon your whole cheque will be used to pay off the last month owing. Then to survive you have to borrow the whole amount of your cheque support. It's a vicious cycle. I was thinking of doing the same (patday loans) a few years ago until an article in the paper showed the vicious interests rates and the problem of the poor using the money from these guys with high interest rates. After reading that, I said, "No thanks." Let's face it we have enough trouble as it is. I encourage you to cut back on some habits you may have (smoking, drinking, etc.) and live within your means, you may be hungry but you won't starve. I often buy a lot of potatoes, onions and eggs to have on hand. Still go hungry but never, ever starve. Blessings.

Take care, Frank. _______________________________________ He who oppresses the poor shows contempt for their Maker, but whoever is kind to the needy honors God.  Proverbs 14:31

--- On Fri, 3/13/09, Annie <hug...@cogeco.ca> wrote:

From: Annie <hug...@cogeco.ca> Subject: [odspfireside: 21749 ] Re: ODSP and payday advance loans To: odspfi...@googlegroups.com

[Protestant]

This is how it can be so Frank...It's a matter being concidered
guility and having to prove you're innocent.
The income verification and overpayment recovery unit, formerly known
as The CVP Unit, are trained to be mean.
They assume their clients "have income from another source", because
they work for the overpayment recovery unit.
Have you ever been hauled up in front of them Frank? They don't let
you talk, you're not allowed to ask questions, they just start yelling
at you and telling you that if you don't sign this document agreeing
to the overpayment deduction then they'll charge you with fruad and
susupend your benefits!!!!!!!!!!!!!!! I actually saw a man walk out of
one of those interview rooms extremely upset(I was next in line) and
when I came out he was dead on the road,having done a swan dive off
the roof.

[Slim Pickens]

No one can simply put a garnishee on income. There is a proceeding to
follow, be it a company, private individual or collection agency. All
have to go thro Small Claims Court first and these folks know that the
judge doesn't always rule in favor of those seeking restitution. If it
is a real hardship case it may be ordered that only $5.00 mo. be
repaid, I believe that once it goes to court the interest is locked so
these outfits don't like to go to court. It can be to your advantage.
If you are threatened with court action, don't be frightened by it,
Many people are and that's what these outfits want. Small Claims Court
is not Criminal Court and you can represent yourself. The judge or JP
is often quite understanding.

[Lana]

That's appalling. Was it in the media? Someone should be charged
with reckless endangerment or something. They knowingly upset a
person who had a disability and basically threatened his life (food &
shelter). His death can be attributed to the emotional trigger
someone pulled.
Lana

[Di]

 

If anyone in the general population were to treat a family member or friend in such a despicable fashion as our government does us they would be taken to court and the key would be thrown away. What does it say about Canada when our own government is allowed to abuse those least capable of defending themselves and fighting back.  There is a name for people like these.......BULLY'S

[abrowne]

Slim, They are not allowed to garnish ODSP funds, even if they are in the bank.  They would have to show the contract of loan and that the contract was clearly understandable and not one-sided.  I won against one of these companies before, arguing on this basis.  True, you don't need representation at small claims, but then again you can technically represent yourself at ANY proceeding.  I've seen some folks represent themselves well at court; others fumble all the way through.  Depending on your own ability to logically argue. If a collection agency is telling you that they can just garnish without going to court, they are lying and the Registrar of Collection Agencies should be notified in writing, as this is a breach of their own code. Angela

[Frank]

>>>that the contract was clearly understandable and not one-sided.<<<

You played dumb and ignorant to get out it, is that what you are saying?

Take care, Frank. _______________________________________ He who oppresses the poor shows contempt for their Maker, but whoever is kind to the needy honors God.  Proverbs 14:31

--- On Sat, 3/14/09, abrowne <browne...@yahoo.com> wrote:

From: abrowne <browne...@yahoo.com> Subject: [odspfireside: 21780 ] Re: ODSP and payday advance loans To: odspfi...@googlegroups.com

Received: Saturday, March 14, 2009, 2:03 PM Slim, They are not allowed to garnish ODSP funds, even if they are in the bank.  They would have to show the contract of loan and that the contract was clearly understandable and not one-sided.

[Frank]

>>>What does it say about Canada when our own government is allowed to abuse those least capable of defending themselves and fighting back. <<<

Gullible. You get the government you vote for.

Take care, Frank. _______________________________________ He who oppresses the poor shows contempt for their Maker, but whoever is kind to the needy honors God.  Proverbs 14:31

--- On Sat, 3/14/09, Di <msg...@gmail.com> wrote:

From: Di <msg...@gmail.com> Subject: [odspfireside: 21776 ] Re: ODSP and payday advance loans To: odspfi...@googlegroups.com

Received: Saturday, March 14, 2009, 2:29 PM   If anyone in the general population were to treat a family member or friend in such a despicable fashion as our government does us they would be taken to court and the key would be thrown away. What does it say about Canada when our own government is allowed to abuse those least capable of defending themselves and fighting back.  There is a name for people like these.......BULLY'S

---

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[Lorene]

I work part time at the credit agency and still do. I was working 2
days per month, and now it has been changed to every Mondays I go to
work. Money Mart is one of their biggest clients across Canada. I do
know Money Mart or any other advance loan places have all your
personal info including your SIN, driver's license, work places, phone
and cell numbers, etc. filed in their computers. All that type of info
is even filed with Equifax and Trans Union.

I only work on Excel program imputing names, store and file no, how
much they owe, how much they pay, GST, commissions and the balance for
those clients who live out on the West Coast, not in Ontario where I
live. Every spreadsheet I work on has to balance at the end right to
the exact amount. It is time consuming, but I love my job.

I do know and see huge big stacks of judgments or court orders on my
boss' desk for those who owe money that come from the courthouse. That
includes bankruptcy papers. Plus that includes any additional papers
from clients with proof that this person paid or owes money. Huge and
huge stacks everywhere where I work. I do know that they don't
guaranished for those on OW and ODSP because they are not allowed to.
If you don't pay, we have a staff of 5 who make calls or fax if they
know the number to your residence, workplace to find you or talk to
your boss, etc. They can trace you by using SIN and driver's license.,
and that includes Revenue Canada where you file your taxes to find out
your address or workplace, etc. That is where they send judgments or
guaranishment papers either at your residence or workplace. If your
boss gets hold of one in his name or his business, he/she has no
choice but to guaranish out of your paycheque until the full amount is
paid. If you have a bad credit history and need a loan or use any of
the advance places, it will be hard to get one. If you owe any money
but don't pay, it goes into your credit files with Equifax or Trans
Union for 7 years.

Trust me, I know because I am one of them who couldn't pay my student
loan and have filed bankruptcy last fall. It stays on my record for 7
years after I am discharged from bankruptcy. However, after discharge,
I was told I can get a pre-paid or secured credit card, so I can start
all over with new credit history.

Lorene

[Lorene]

[dina4u]

Hi every one,
I have found out that most pay day advance companies WILL NOT take
O.D.S.P.
The government set up some new rules against it.
C.P.P. is one that they will allow to get loans from these places,
such as Money Mart.
It is sad that we have to some times depend of this loan sharks,
but we gotta do what we gotta do.
Hope this info helps in some way.
Me
Dina