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.

All Articles

5 Tips to Handle Debt Stress

5 Tips to Handle Debt Stress

Stress is known to be bad for your health and one common cause of stress can be personal money management. Struggling to pay your bills can lead to mental health and physical issues including depression, anxiety, sleep problems, heart disease, and high blood pressure,...

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Is a consumer proposal a good idea?

If you've ever done some research on debt-relief options within Canada, it’s likely you’ve come across the term “consumer proposal” at some point. This article will help you start thinking about the considerations to make before further exploring this option. What is...

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Avoid Bankruptcy

Retire from Financial Distress – Help for Seniors Dealing with Debt

Retire from Financial Distress – Help for Seniors Dealing with Debt

A fixed income like a government pension, often leaves very little budgeting room for any extras, especially debt repayment with interest. Your golden years should be a relaxing time in your life, but financial distress may be blocking your path to worry-free retirement. What can you do when you are in debt and your retirement dollars are stretched too far?   

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Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Sorting through the many debt consolidation and restructuring options available to Canadians can be a real challenge. Stress-levels are high, money is tight and your hard-earned dollars should go to the program that will best help free you from debt. So how do you know which program will provide the relief that you need? 

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Bankruptcy

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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10 Myths About Bankruptcy in Alberta

10 Myths About Bankruptcy in Alberta

Bankruptcy can be a scary word when it comes to solving your debt problems. This legal proceeding is available to individuals who are unable to repay their outstanding debts but it’s no secret that there are many myths out there that make the process seem frightening...

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Bankruptcy vs Consumer Proposal

Bankruptcy vs Consumer Proposal

When deciding to file either one of these insolvency options, it is important that you are aware of the differences between them so you can make the best decision for your situation. Choosing the wrong option can have lasting consequences. While both bankruptcies and...

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Business

Consolidation Load

The Advantages of Debt Consolidation

The Advantages of Debt Consolidation

Debt consolidation means to obtain a new loan to pay off a number of smaller loans or bills that you are currently working to pay off. It brings all your debts together into one combined loan and allows you to make one monthly payment to cover the amounts and interest...

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Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Sorting through the many debt consolidation and restructuring options available to Canadians can be a real challenge. Stress-levels are high, money is tight and your hard-earned dollars should go to the program that will best help free you from debt. So how do you know which program will provide the relief that you need? 

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Consultation

Consumer Proposals

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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Credit Card

Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Sorting through the many debt consolidation and restructuring options available to Canadians can be a real challenge. Stress-levels are high, money is tight and your hard-earned dollars should go to the program that will best help free you from debt. So how do you know which program will provide the relief that you need? 

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Credit Counselling

Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Sorting through the many debt consolidation and restructuring options available to Canadians can be a real challenge. Stress-levels are high, money is tight and your hard-earned dollars should go to the program that will best help free you from debt. So how do you know which program will provide the relief that you need? 

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Credit Rating

Credit Utilization

Debt Consolidation Canada

Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Sorting through the many debt consolidation and restructuring options available to Canadians can be a real challenge. Stress-levels are high, money is tight and your hard-earned dollars should go to the program that will best help free you from debt. So how do you know which program will provide the relief that you need? 

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Debt Management

5 Tips to Handle Debt Stress

5 Tips to Handle Debt Stress

Stress is known to be bad for your health and one common cause of stress can be personal money management. Struggling to pay your bills can lead to mental health and physical issues including depression, anxiety, sleep problems, heart disease, and high blood pressure,...

read more

How to Get Out of Debt

New Payday Loan Law Protecting Albertans

New Payday Loan Law Protecting Albertans

Payday loans provide short-term financing when people find they have more month left than money. There is now new legislation in place to protect vulnerable Albertans in need of short-term financing to ensure those individuals that need a mid-month advance on their paycheque are protected from excessive fees.

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Joint Debt

Licensed Insolvency Trustee

3 qualities to seek out in a financial advisor

3 qualities to seek out in a financial advisor

Are you feeling the pinch financially? When you are having financial troubles it can be hard to know who to turn to for advice. Many challenges in our lives can be discussed with the people closest to us. Whether we are looking for a good mechanic or are having marital problems our support circle of close friends or family help us to work out the solutions to our problems. 

Financial difficulties are one of the few issues where we can choose to suffer in silence to avoid embarrassment rather than discuss them with those that love us most.

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Orderly Payment of Debt