About Us
Legal Credit Management Corp (LCMC) is a Canadian collection agency established in 2001 and registered with the Ministry of Government and Consumer Services under the "Collection & Debt Settlement Services Act." It has been a trusted partner for businesses across various industries, including financial services, healthcare, transportation, manufacturing, and more, helping them reduce accounts receivable losses.
Key Milestones:
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2001: LCMC began its operations, serving a diverse client base across Canada, focusing on reducing receivable losses.
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2019: Acquired Credit Bureaus of NWO Collections (CBNWO), a collection agency established in 1930, serving clients in Northwestern Ontario. CBNWO was the only collection agency in that region, and after the acquisition, LCMC continued operating under the CBNWO name, maintaining the Thunder Bay office.
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2023: Acquired Credit Bureau of Sudbury and Credit Bureau of Timmins, both founded in 1930. These agencies served the Greater Sudbury and Cochrane regions, respectively. After the acquisitions, LCMC became the largest collection agency in Northern Ontario, also operating as Credit Bureau of Sudbury and Timmins.
Services:
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Debt Collection: LCMC specializes in both commercial and retail debt recovery, offering services for balances of all sizes, from small to large. The company handles accounts starting from 30 days past due, including those previously listed with other collection agencies, ensuring a broad range of debt recovery solutions.
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Industries Served: Includes but is not limited to financial services, manufacturing, wholesalers, transportation, construction & machinery, waste management, alarm & security, dental & physiotherapy clinics, veterinary clinics, accountants, lawyers, universities & colleges, government agencies, service-based businesses, cash stores, leasing companies, fitness clubs, and more.
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Legal Services: LCMC offers end-to-end litigation services for debt recovery, including filing claims and enforcing judgments within the small claims court jurisdiction.
Offices:
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Mississauga Office: Serves clients in Southern Ontario.
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Thunder Bay Office: Serves clients across Northern Ontario, including regions like Thunder Bay, Kenora, Dryden, Sault Ste. Marie, Sudbury, Timmins, and North Bay.
With these acquisitions, LCMC has established itself as a key player in the debt collection industry, offering comprehensive services across a wide geographical range in Ontario. The company is known for its ethical, effective debt recovery solutions, assisting businesses of all sizes in maintaining healthy cash flow.
Our Mission Statement
To be the leading provider of innovation and service excellence in consumer and commercial third-party collections.
To offer our clients a full range of services and options for both pre-litigation and litigation matters.
To provide exceptional service in recovering the assets entrusted to us by our clients.
To recover the highest percentage of our client's bad debt while providing our best customer service, education, and community responsibility.
Our Values
Forming lasting, mutually beneficial relationships with our clients; our goal is to be regarded by each and every client as a true and highly valued business partner.
Maintaining steadfast commitment to excellence by understanding our clients and by delivering solutions that are both creative and compliant.
Creating a climate of trust and respect that empowers our people to develop to the fullest, while sharing the responsibilities of success and the rewards of achievement.
Conducting our business with the highest standards of ethics and adherence to the law.