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What Assets are Exempt From Bankruptcy in Alberta?

What Assets are Exempt From Bankruptcy in Alberta?

by Rebecca Frederick | Jul 31, 2023 | Bankruptcy, Debt Management

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?

Small Business Bankruptcy: Should You File?

by Rebecca Frederick | Dec 23, 2022 | Avoid Bankruptcy, Bankruptcy

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...
Bankruptcy in Alberta: Do You Lose Your House?

Bankruptcy in Alberta: Do You Lose Your House?

by Rebecca Frederick | Oct 26, 2022 | Bankruptcy

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...
Boiling Frog Phenomenon and Debts: Do you Feel Like a Frog?

Boiling Frog Phenomenon and Debts: Do you Feel Like a Frog?

by Rebecca Frederick | Jun 12, 2020 | Debt Management

Are you a feeling like a frog? There is a story of a frog in boiling water. If the frog was placed in boiling water it would jump out immediately, recognizing the danger. But if a frog is placed into cool water it is comfortable and if the water increases in...
Retire from Financial Distress – Help for Seniors Dealing with Debt

Retire from Financial Distress – Help for Seniors Dealing with Debt

by Rebecca Frederick | Mar 29, 2016 | Avoid Bankruptcy

Credit can become a normal part of managing your finances for a working person. A consistent stream of income with salary increases and bonuses make using credit as an advance on these future earnings an easy way to cover immediate expenses when you do not have cash...
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Frederick & Company Ltd.
Licensed Insolvency Trustee
Consumer Proposals & Debt Consolidation Services
63, 201 Kaska Road
Sherwood Park, Alberta
T8A 2J6

From Financial Distress to Financial Success™

Phone: 587-269-3009
Fax: 587-400-9855
Email: hello@fcdebtfree.ca