Canada’s National Landlord-Tenant Debt Collection Agency
At MetCredit we collect tenant debt for landlords and property managers. Unlike court-based rental debt and arrears recovery, which takes a long time and can cost more in legal fees than the amount owed to you, MetCredit collects fast—and you don’t pay until we collect.
Commercial Tenant Debt
When a business tenant is evicted for non-payment of rent, breaks the lease or abandons your property without paying, it’s important to act immediately. MetCredit works fast to collect commercial lease and rental debt while the money is still available, before other creditors beat you to it. Collecting commercial rental arrears is challenging work, and you need professionals on your side to do it effectively.
Residential Tenant Debt
When your residential tenant is evicted or abandons your property without paying, the best recourse is to submit the account to a professional landlord and tenant debt collection agency. There is seldom a need to seek a legal judgment in court, as long as you have documentation to support your claim for arrears and outstanding rental payments.
With MetCredit, we work with landlords, owners and property managers to quickly locate tenants in default and collect rental fees, while respecting provincial residential tenancy regulations. Our collection officers are highly professional negotiators, adept at tracking down even the most evasive former tenants.
MetCredit reports delinquent residential tenants to Equifax and Transunion, and commercial tenants to Dun & Bradstreet. As a result, until your former tenant pays in full, his or her credit bureau rating is severely impacted. This provides substantial incentive to pay the rental debt promptly. As a national debt collection agency licensed and bonded in all provinces and territories, MetCredit can collect tenancy debt and outstanding rental arrears from tenants who have fled to anywhere within Canada.
Only as a last resort (fees apply), MetCredit’s in-house legal department can efficiently handle litigation and court-based tenant debt resolution when necessary.