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Consumer Debt Trends in Canada and What You Should Do About Them

Consumer Debt Trends in Canada and What You Should Do About Them

by Stanley Chen | Mar 20, 2023 | Debt Management

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

How Are Writs Impacted by Bankruptcy or Consumer Proposal

by Stanley Chen | Dec 22, 2022 | Bankruptcy, Consumer Proposals, Debt Management, How to Get Out of Debt

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...
I Owe Unpaid Income Taxes – What can CRA do?

I Owe Unpaid Income Taxes – What can CRA do?

by Stanley Chen | Dec 19, 2022 | Debt Consolidation Canada

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...
Division I Proposals and Consumer Proposals: What’s the Difference

Division I Proposals and Consumer Proposals: What’s the Difference

by Stanley Chen | Nov 9, 2022 | Consumer Proposals, Debt Management, How to Get Out of Debt

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...
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...
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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