Not exact matches
Doug Hoyes: But no matter what number you're using and people may be listening and going well I don't believe that 99 % maybe it's a little less, yeah but we
already said that debt
settlement according to the Canadian Bankers Association is only
accepted 10 % of the time.
Having
already concluded that the
settlement offer was not one which ought to have reasonably been
accepted, it is evident that an order requiring the plaintiff to either pay the well - funded defendants» costs, or in the alternative denying the plaintiff her costs, from September 20, 2016 onwards, would result in a pyrrhic victory and could have the effect of discouraging plaintiffs from pursuing valid claims.
Since then, lawmakers have passed more regulation to protect consumers from such acts — including placing a cap on the commission rate at 30 % of the life
settlement value (though some brokers
already accept commissions as low as 15 %) and requiring upfront disclosure.