debt collector exam

Do debt collection agency employees performing collection functions from or into BC need a BC collector licence?*
- Yes
- No
What is the name of the legislation that governs debt collection activity in British Columbia?*
- Business Corporation Act
- Bankruptcy and Insolvency Act
- Business Practices and Consumer Protection Act
- Debtors Assistance Act
An individual's credit report may include information that is adverse to their interests for what maximum period of time?*
- 2 years
- 6 years
- 4 years
- 7 years
The time limitation on reporting adverse information on a debtor's credit report may be extended by the purchase of the debt by a collection agency or other third party.*
- False
- True
A debt collector may not communicate verbally with a debtor until the collector:*
- Sends written notice to the debtor
- Knows that the debtor is employed full-time
- Knows that the debtor is employed at least 15 hours per week
- Receives agreement in writing that they can contact the debtor
- Obtains a copy of the debtor's credit report and reviews it