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
Can I Renew My Mortgage If I Have A Consumer Proposal In Alberta?
Renewing a mortgage is a common financial step for many homeowners in Alberta. However, if you've recently gone through a proposal, you might wonder how it will affect your ability to renew your mortgage in this province. A proposal is a formal debt relief option in...
Can Debts Survive After You File for Bankruptcy or a Proposal?
A common thought when faced with financial difficulties is – "Well, I will just go bankrupt, and all my debt will be taken care of." This can be true, but it isn't always the case. However, understanding the nuances of bankruptcy and its implications is crucial for...
What Are The Most Common Credit Scams? A Guide to to Protect Your Finances
In today's world, safeguarding your financial well-being is crucial. Unfortunately, credit scams have become increasingly normal, often masquerading as friendly offers. Consumers need to back themselves with the knowledge to identify these scams effectively. This...
Financial Restructuring in the New Year: A Fresh Start for Resolutions and Budgeting
As we bid farewell to the past year and embrace the fresh beginning of the new year, it's an opportune time to reflect upon our financial situation and consider implementing a robust plan for financial restructuring. With resolutions high on our priority list, you...
Christmas on a Budget: Strategies for a Debt-Free Holiday Season
Spending Christmas on a budget doesn't mean sacrificing the joy and meaning of the holiday season. There are plenty of creative and thoughtful ways to celebrate without breaking the bank. The Origins of Christmas Gifts For centuries, there has been some form of...
The Different Types of Credit Cards
Have you ever wondered about the differences between credit card types or what kind of card you have? When it comes to credit cards, there are 4 main types: Prepaid credit cards Debit credit cards, Secured credit cards Unsecured credit cards Each card type has...
Packing your Financial Parachute: Making a Plan for Un-Success
Journey of Life Everyone makes a plan to take off, to journey through life and in the end arrive at your destination: SUCCESS. Success is what our financial advisors focus on when planning for retirement. Success is what accountants and lawyers focus on when setting...
Director’s Liabilities – What are they and how do I prevent being on the hook?
A corporation director is responsible for ensuring the corporation is running responsibly, including paying its liabilities. They might not directly do payroll, but they are responsible for putting policies and procedures in place to ensure your employees get paid...
Why do I owe income taxes in Canada?
According to a 2022 survey released by BDO Canada, more than half of Canadians say they are living paycheck to paycheck. This trend is likely to continue with rising inflation and food costs. What if CRA unexpectedly assesses you for a balance owing on your taxes? How...
Avoid Bankruptcy
Packing your Financial Parachute: Making a Plan for Un-Success
Journey of Life Everyone makes a plan to take off, to journey through life and in the end arrive at your destination: SUCCESS. Success is what our financial advisors focus on when planning for retirement. Success is what accountants and lawyers focus on when setting...
Small Business Bankruptcy: Should You File?
Did you know that the total number of small business bankruptcies in Canada was 13.6% higher in May of 2022 than the previous year? It’s unfortunate that small businesses find themselves in this situation but when small businesses in Canada find themselves struggling...
How To Pay Off Debts On A Credit Report
It’s normal to have some debt, whether it’s a mortgage or a car payment, but if you’re waist-deep in credit card and finance company loans and are seeing the debts being carried over month to month without going down, this is understandably frustrating and stressful. ...
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?
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?
Bankruptcy vs Proposal: Protecting your assets
Bankruptcy vs Consumer Proposal: Protecting Your Assets This is our second article in our series comparing bankruptcy and proposals discussing some of the differences between bankruptcies and proposals. While both proceedings offer you protection from your creditors...
Why liquidating your assets could mean more than liquidating your retirement
Why liquidating your assets could mean more than liquidating your retirement I help people who are in financial difficulty know their options and how to best move forward. The people who come to me for help have usually faced some kind of unforeseen circumstance that...
Bankruptcy
Can Debts Survive After You File for Bankruptcy or a Proposal?
A common thought when faced with financial difficulties is – "Well, I will just go bankrupt, and all my debt will be taken care of." This can be true, but it isn't always the case. However, understanding the nuances of bankruptcy and its implications is crucial for...
What Assets are Exempt From Bankruptcy in Alberta?
Did you know that you will not lose all your assets if you file for Bankruptcy or a Consumer Proposal? A Bankruptcy or Proposal to creditors gives you protection from your creditors and allows you to make a fresh start. Bankruptcy exemptions are a topic that not many...
Small Business Bankruptcy: Should You File?
Did you know that the total number of small business bankruptcies in Canada was 13.6% higher in May of 2022 than the previous year? It’s unfortunate that small businesses find themselves in this situation but when small businesses in Canada find themselves struggling...
How Are Writs Impacted by Bankruptcy or Consumer Proposal
One of the last options creditors will employ to recovery unpaid unsecured debts is a writ of enforcement which can put the equity in your assets in jeopardy. In this blog we explore writs and how they work, how they work in a bankruptcy and proposal, and the...
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...
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...
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...
Bankruptcy vs. Proposal: How long will it take?
Bankruptcy vs. Consumer Proposal: How long will it take? This a first of a series of articles on comparisons between bankruptcy and proposal. Sometimes it can appear that bankruptcy would much quicker than a proposal but take a look at this article - you will see...
Bankruptcy: what is surplus income and how is it calculated?
Bankruptcy: what is surplus income and how is it calculated? When you file for bankruptcy, your surplus income is one of the deciding factors in the length of your minimum term as well as the amount of your monthly payment. So what is surplus income and how is it...
Business
Director’s Liabilities – What are they and how do I prevent being on the hook?
A corporation director is responsible for ensuring the corporation is running responsibly, including paying its liabilities. They might not directly do payroll, but they are responsible for putting policies and procedures in place to ensure your employees get paid...
What is a Personal Guarantee and How Does it Affect Debt?
Navigating the world of finance can often feel like wondering in a maze, especially when it comes to understanding concepts like personal guarantees. So, what is a personal guarantee exactly? Simply put, a personal guarantee is a promise made by an individual—often a...
Consolidation Loans
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...
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...
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?
Consultation
Financial Restructuring in the New Year: A Fresh Start for Resolutions and Budgeting
As we bid farewell to the past year and embrace the fresh beginning of the new year, it's an opportune time to reflect upon our financial situation and consider implementing a robust plan for financial restructuring. With resolutions high on our priority list, you...
Packing your Financial Parachute: Making a Plan for Un-Success
Journey of Life Everyone makes a plan to take off, to journey through life and in the end arrive at your destination: SUCCESS. Success is what our financial advisors focus on when planning for retirement. Success is what accountants and lawyers focus on when setting...
New vs. Pre-Owned Cars: Decoding the Best Choice for Your Next Ride
Purchasing a vehicle will be one of your biggest expenses, especially if you’re going the financing route. An auto loan is a long-term commitment and will impact your finances and budgeting for years, so it’s very important to make the right choice that fits your...
Consumer Proposals
Can I Renew My Mortgage If I Have A Consumer Proposal In Alberta?
Renewing a mortgage is a common financial step for many homeowners in Alberta. However, if you've recently gone through a proposal, you might wonder how it will affect your ability to renew your mortgage in this province. A proposal is a formal debt relief option in...
Can Debts Survive After You File for Bankruptcy or a Proposal?
A common thought when faced with financial difficulties is – "Well, I will just go bankrupt, and all my debt will be taken care of." This can be true, but it isn't always the case. However, understanding the nuances of bankruptcy and its implications is crucial for...
How to Rebuild Your Credit After a Consumer Proposal in Canada
Filing for a consumer proposal is an effective way for many Canadians to get out of debt but it can affect your credit score. Your credit rating will be negatively impacted or bruised by filing of the consumer proposal but just like a real bruise, it can heal with the...
How Are Writs Impacted by Bankruptcy or Consumer Proposal
One of the last options creditors will employ to recovery unpaid unsecured debts is a writ of enforcement which can put the equity in your assets in jeopardy. In this blog we explore writs and how they work, how they work in a bankruptcy and proposal, and the...
How Consumer Proposal Calculators are Misleading: Do This Instead
If you have been doing research on consumer proposals, you’ll likely have encountered “consumer proposal calculators” that appear to have the ability to provide an estimate of the monthly cost of a consumer proposal payment. You’ll likely be asked to enter your total...
Division I Proposals and Consumer Proposals: What’s the Difference
When you are facing financial hardship, there are options to help you tackle your debt and work toward financial freedom. A Licensed Insolvency Trustee (LIT) can offer various solutions, including division I and division II Proposals. A consumer proposal and a...
How To Pay Off Debts On A Credit Report
It’s normal to have some debt, whether it’s a mortgage or a car payment, but if you’re waist-deep in credit card and finance company loans and are seeing the debts being carried over month to month without going down, this is understandably frustrating and stressful. ...
Getting Rid of Income Tax Debt
Falling behind with Canada Revenue Agency ("CRA") can be daunting. If you have become used to living off your gross - pre-tax - income it can be a major adjust to reduce your take-home income and start accounting for the income taxes you should have been paying all...
The Difference Between Consumer Proposals and Orderly Payment of Debt in Alberta
If you're wondering what the difference is between Orderly Payment of Debt and Consumer Proposals, you're not alone. In Alberta, you have many choices when it comes to how you want to address your debt. While there are many similarities between the programs, there are...
Credit Card
The Different Types of Credit Cards
Have you ever wondered about the differences between credit card types or what kind of card you have? When it comes to credit cards, there are 4 main types: Prepaid credit cards Debit credit cards, Secured credit cards Unsecured credit cards Each card type has...
How Does a Creditor Collect Debt in Alberta?
Borrowing money is always a risk - for both you and the creditor. They want to ensure that, should you stop making payments, they will get the money they are owed. However, many people in Alberta experience harsh debt collection tactics and are treated unfairly. The...
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?
Credit Repayment: Minimizing interest, fees and money stress
You need to be strategic about how you use credit and how you pay it down in order to minimize the interest and fees you are required to pay. Of course avoiding credit allows you to avoid these fees. But failing that, it’s good to consider reading this blog.
Put your money where your name is – what it really means to be a second cardholder of a credit card
When you sign up for a credit card or loan you’re obviously on the hook for the debt. But what if you’re a second cardholder and someone else is the primary cardholder – what are your responsibilties? Read on – you are about to find out that the devil is in the details.
Cash or credit: it’s all money, right?
Cash or Credit: It’s All Money, Right? Every day, we’re surrounded by “buy now, pay later” temptations. When we don’t have the actual cash to spend, it can be easy to convince ourselves that a credit card is essentially the same thing— money at the ready, just waiting...
Credit Counselling
What Are The Most Common Credit Scams? A Guide to to Protect Your Finances
In today's world, safeguarding your financial well-being is crucial. Unfortunately, credit scams have become increasingly normal, often masquerading as friendly offers. Consumers need to back themselves with the knowledge to identify these scams effectively. This...
How Does a Creditor Collect Debt in Alberta?
Borrowing money is always a risk - for both you and the creditor. They want to ensure that, should you stop making payments, they will get the money they are owed. However, many people in Alberta experience harsh debt collection tactics and are treated unfairly. The...
How to Improve Your Credit in Alberta
Have you claimed bankruptcy? Filed for debt consolidation? Do collection agencies call you every day? What caused your credit score to tank is one thing but knowing how to improve it can make the difference between financial distress and financial success! Our team at...
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?
Credit Rating
The Power of Credit: 13 Reasons to Maintain a Good Credit Score
In today's financial landscape, maintaining a good credit score is not just beneficial—it's essential. A strong credit score can be your key to unlocking numerous financial opportunities, from getting lower interest rates on loans to gaining access to premium credit...
How To Correct Errors On Your Credit Report
Did you know that you can get your credit report for free? There are so many things that people don’t know about their credit reports, but don’t worry because we are here to help educate you. In this article, we’ll be going through why errors on your credit report...
How to Rebuild Your Credit After a Consumer Proposal in Canada
Filing for a consumer proposal is an effective way for many Canadians to get out of debt but it can affect your credit score. Your credit rating will be negatively impacted or bruised by filing of the consumer proposal but just like a real bruise, it can heal with the...
How To Pay Off Debts On A Credit Report
It’s normal to have some debt, whether it’s a mortgage or a car payment, but if you’re waist-deep in credit card and finance company loans and are seeing the debts being carried over month to month without going down, this is understandably frustrating and stressful. ...
How to Improve Your Credit in Alberta
Have you claimed bankruptcy? Filed for debt consolidation? Do collection agencies call you every day? What caused your credit score to tank is one thing but knowing how to improve it can make the difference between financial distress and financial success! Our team at...
Put your money where your name is – what it really means to be a second cardholder of a credit card
When you sign up for a credit card or loan you’re obviously on the hook for the debt. But what if you’re a second cardholder and someone else is the primary cardholder – what are your responsibilties? Read on – you are about to find out that the devil is in the details.
Cash or credit: it’s all money, right?
Cash or Credit: It’s All Money, Right? Every day, we’re surrounded by “buy now, pay later” temptations. When we don’t have the actual cash to spend, it can be easy to convince ourselves that a credit card is essentially the same thing— money at the ready, just waiting...
Credit Utilization
The Different Types of Credit Cards
Have you ever wondered about the differences between credit card types or what kind of card you have? When it comes to credit cards, there are 4 main types: Prepaid credit cards Debit credit cards, Secured credit cards Unsecured credit cards Each card type has...
How To Correct Errors On Your Credit Report
Did you know that you can get your credit report for free? There are so many things that people don’t know about their credit reports, but don’t worry because we are here to help educate you. In this article, we’ll be going through why errors on your credit report...
Cash or credit: it’s all money, right?
Cash or Credit: It’s All Money, Right? Every day, we’re surrounded by “buy now, pay later” temptations. When we don’t have the actual cash to spend, it can be easy to convince ourselves that a credit card is essentially the same thing— money at the ready, just waiting...
Debt Consolidation Canada
Can Debts Survive After You File for Bankruptcy or a Proposal?
A common thought when faced with financial difficulties is – "Well, I will just go bankrupt, and all my debt will be taken care of." This can be true, but it isn't always the case. However, understanding the nuances of bankruptcy and its implications is crucial for...
Why do I owe income taxes in Canada?
According to a 2022 survey released by BDO Canada, more than half of Canadians say they are living paycheck to paycheck. This trend is likely to continue with rising inflation and food costs. What if CRA unexpectedly assesses you for a balance owing on your taxes? How...
I Owe Unpaid Income Taxes – What can CRA do?
Owing taxes to the Canada Revenue Agency can be a stressful situation. Unlike regular creditors, the CRA has powerful tools they can use to ensure that your tax debt is paid. By understanding the possible tools CRA will use to collect taxes we hope you can avoid these...
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...
How Does a Creditor Collect Debt in Alberta?
Borrowing money is always a risk - for both you and the creditor. They want to ensure that, should you stop making payments, they will get the money they are owed. However, many people in Alberta experience harsh debt collection tactics and are treated unfairly. The...
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?
Debt Management
Financial Restructuring in the New Year: A Fresh Start for Resolutions and Budgeting
As we bid farewell to the past year and embrace the fresh beginning of the new year, it's an opportune time to reflect upon our financial situation and consider implementing a robust plan for financial restructuring. With resolutions high on our priority list, you...
Christmas on a Budget: Strategies for a Debt-Free Holiday Season
Spending Christmas on a budget doesn't mean sacrificing the joy and meaning of the holiday season. There are plenty of creative and thoughtful ways to celebrate without breaking the bank. The Origins of Christmas Gifts For centuries, there has been some form of...
Why do I owe income taxes in Canada?
According to a 2022 survey released by BDO Canada, more than half of Canadians say they are living paycheck to paycheck. This trend is likely to continue with rising inflation and food costs. What if CRA unexpectedly assesses you for a balance owing on your taxes? How...
New vs. Pre-Owned Cars: Decoding the Best Choice for Your Next Ride
Purchasing a vehicle will be one of your biggest expenses, especially if you’re going the financing route. An auto loan is a long-term commitment and will impact your finances and budgeting for years, so it’s very important to make the right choice that fits your...
What Assets are Exempt From Bankruptcy in Alberta?
Did you know that you will not lose all your assets if you file for Bankruptcy or a Consumer Proposal? A Bankruptcy or Proposal to creditors gives you protection from your creditors and allows you to make a fresh start. Bankruptcy exemptions are a topic that not many...
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,...
Consumer Debt Trends in Canada and What You Should Do About Them
Most people know what debt is, but not everyone understands what kind of debt they have and if this debt is helpful or a hindrance to their financial goals. Frederick & Company is here to give you the knowledge and advice you need to effectively manage your debts...
How Are Writs Impacted by Bankruptcy or Consumer Proposal
One of the last options creditors will employ to recovery unpaid unsecured debts is a writ of enforcement which can put the equity in your assets in jeopardy. In this blog we explore writs and how they work, how they work in a bankruptcy and proposal, and the...
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...
How to Get Out of Debt
How Are Writs Impacted by Bankruptcy or Consumer Proposal
One of the last options creditors will employ to recovery unpaid unsecured debts is a writ of enforcement which can put the equity in your assets in jeopardy. In this blog we explore writs and how they work, how they work in a bankruptcy and proposal, and the...
Division I Proposals and Consumer Proposals: What’s the Difference
When you are facing financial hardship, there are options to help you tackle your debt and work toward financial freedom. A Licensed Insolvency Trustee (LIT) can offer various solutions, including division I and division II Proposals. A consumer proposal and a...
How Does a Creditor Collect Debt in Alberta?
Borrowing money is always a risk - for both you and the creditor. They want to ensure that, should you stop making payments, they will get the money they are owed. However, many people in Alberta experience harsh debt collection tactics and are treated unfairly. The...
Getting Rid of Income Tax Debt
Falling behind with Canada Revenue Agency ("CRA") can be daunting. If you have become used to living off your gross - pre-tax - income it can be a major adjust to reduce your take-home income and start accounting for the income taxes you should have been paying all...
When To Get Help With Your Debt
Do you feel like you’re living to pay down debt? Do the interest costs make it feel like you’ll never pay it off? When you’ve reached this point, it can be difficult to empower yourself to find the best solution that suits your unique financial needs. Fortunately,...
8 Signs It’s Time to Get Help For Your Debt
There’s nothing wrong with having debt. In fact, having well-controlled and healthy debt can do wonders for your credit score! However, there’s no doubt that debt can be hard to manage and you may not even know you are in a tight spot until it’s too late. Before your...
Play 107.1 Spotlights Frederick and Company on Show Local Some Love
This past year has been tough on everyone in many unique and frustrating ways. Whether the Covid-19 Pandemic and its accompanying isolation has impacted your mental health, finances, relationships, or all of the above, it has not been an easy experience for any of us....
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.
Understanding Student Loans – Part 2: In Insolvency
Understanding Student Loans is an important step to getting out of debt. For borrowers who are in financial distress, an insolvency solution such as a bankruptcy or consumer proposal, may be the best way to get back on track. Here is what you need to know about student loans and insolvency options.
Joint Debt
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...
What Should I Consider Before Entering into a Joint Debt?
What is Joint Debt? Joint debts are liabilities where the obligation for paying the debt falls on more than one party. Lenders will sometimes require joint loans to add an extra party for collection if there is an issue with repayment. A joint debt can be: 1. A...
Put your money where your name is – what it really means to be a second cardholder of a credit card
When you sign up for a credit card or loan you’re obviously on the hook for the debt. But what if you’re a second cardholder and someone else is the primary cardholder – what are your responsibilties? Read on – you are about to find out that the devil is in the details.
Licensed Insolvency Trustee
Licensed Insolvency Trustees: Ultimate Guide
Licensed Insolvency Trustees (“LIT”) are federally-regulated professionals trained and experienced in helping people get the fresh financial start they deserve. Previous to 2016 these financial professionals were known as Bankruptcy Trustees - which did not reflect...
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.
Role of a Trustee – What exactly do we do?
If you are wondering what we do and how we can help; check out the list from the Canadian Association of Insolvency and Restructuring Professionals' (CAIRP) website. Any questions? Give us a call and we would be happy to answer them!
Orderly Payment of Debt
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...
The Difference Between Consumer Proposals and Orderly Payment of Debt in Alberta
If you're wondering what the difference is between Orderly Payment of Debt and Consumer Proposals, you're not alone. In Alberta, you have many choices when it comes to how you want to address your debt. While there are many similarities between the programs, there are...