Coerced Debt and Human Trafficking | DFI30 | Ep. 490. Doug Hoyes is joined by guest Richard Dunwoody to unravel the often-overlooked connection between human trafficking and coerced debt. With Ontario facing the second-highest rate of police-reported human trafficking in Canada, the conversation sheds light on how traffickers exploit victims financially. The focus turns to Bill 41, the “Protection from Coerced Debts Incurred in relation to Human Trafficking Act, 2023,” exploring its role in safeguarding victims from crushing debts. From explaining what coerced debt means to tackling potential challenges, the episode breaks down the proposed legislation’s impact on creditors, unlicensed debt consultants, and, most importantly, the victims. Join us for a discussion on how this legislation could be a crucial shield for those affected by human trafficking and coerced debts.
Related Links:
Human Trafficking and Financial Fraud: A Survivor’s Story
https://www.youtube.com/watch?v=9z8kNmVuFpY
A Different View of Credit Counselling & Getting Out of Debt
https://www.youtube.com/watch?v=qLWWNREu4x4
Concord Adex Survivors Fund
https://www.survivorsfund.ca/
#Debt #humantraffickingawareness #Coerced #CoercedDebt #DebtFree #DebtFreeIn30 #NewLaw #NewLaws #Canada #DebtRepayment
This was such an informational video. Things that I never even thought of in the world of personal finance. Hope this provokes thought and change for those who listen. Thank you.