Is liquidating your assets the best option for you if you are struggling to pay down your debts? What is the better option – bankruptcy or a proposal? How long does it take to complete a bankruptcy? We have the answers you are looking for.

Misconceptions about Joint Debts

What is Joint Debt? Joint debts are liabilities where the obligation for paying the debt falls on more than one party. A person can become joint on a debt when they share ownership of an asset – for example joint on a mortgage that is co-owned – when lenders can...

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Bankruptcy in Alberta: Do You Lose Your House?

Bankruptcy in Alberta: Do You Lose Your House?

Contrary to what most people believe, you will not lose everything if you file for bankruptcy. However, it’s important to understand exemptions to the bankruptcy law as they vary between provinces and territories. In particular, you are probably concerned about...

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Can I Keep My Home in a Consumer Proposal?

Can I Keep My Home in a Consumer Proposal?

Our team at Frederick & Company Ltd. is dedicated to helping people address their debt issues by employing programs based on their individual situations. One question we hear a lot from our clients when implementing these programs is: “Will I lose my home?” Read...

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