We are very grateful for every testimonial we receive from our clients.
We are pleased to offer this testimonial to Frederick and Company and staff. At the turn of the year 2019 we saw that our debt load was not only unmanageable but was going to worsen. We had gone to a couple of Credit Counselors earlier but their focus was on budgeting and increasing the amount of money coming in via garage sales and the like.
By May we determined we had to do something serious about the situation which at that time our overall debt was over $140,000 with an annual income of about $30,000 a year and a heavily mortgaged house and both of us facing retirement.
We made an appointment with Frederick and Company to review our situation and advise us of our limited options. Our counselor sent us home with information we needed to make a decision after a lengthy meeting. Based on the information she provided us we went back and committed ourselves to the Consumer Proposal.
The proposal was signed by each of us on June 10, 2019, which committed us to make regular monthly payments over the next 5 years. With all credit cards removed from us and all outstanding debt reduced to easily manageable monthly payments we were able to budget our money in such a way that we were able to complete our commitment in 4 years. Now we are debt free and slowly rebuilding our credit.
Our success was not possible without the help and advice provided by the staff of Frederick and Company who were always available to answer questions or concerns over the full duration of the proposal.
We highly recommend to anyone facing a financial situation that seems hopeless to contact Frederick and Company because there are ways to take care of the debt in a manageable way that not always includes bankruptcy.
R & B
To all Albertans who may find themselves in the same position I was recently in:
Over the years, I had accumulated $70,000 worth of consumer debts due to several factors: a dental procedure that I underwent to improve my mental well-being, which was supposed to be covered by my benefits but was later rejected; impulsive spending; being the sole income provider for a family of four; and, most recently, sudden unemployment due to the pandemic after having a stable, well-paying job that required me to work 50-70 hours a week. I found myself collecting CERB while searching for a new position in my field, struggling to make ends meet. I had never encountered difficulties with monthly payments before the pandemic hit, but within two months, I began to notice the challenge of making ends meet. Wanting to return to work, I took a job outside my field, which came with a significantly lower wage than I was used to. Although better than CERB, it still resulted in a tight financial situation. I made cuts to ensure my family’s basic needs were met while pursuing positions in my field with the salary I believed I deserved. This continued for a couple of years until I reached a point where even making minimum payments became a struggle. I found myself choosing between providing shelter and food for my family or making monthly interest payments of $1,700 with minimal reduction in the principal amount owed. At this point, I realized I was just “borrowing from Peter to pay Paul.” Rising interest rates and the increasing cost of living exacerbated my panic, and my stress levels soared as my mental health deteriorated rapidly.
I reached out to a family member to discuss my feelings and experiences. They provided me with advice and directed me to contact a company to discuss my circumstances. I got in touch with “Frederick & Company,” an establishment located in Sherwood Park, AB, and scheduled a consultation. Upon arrival, I was incredibly anxious, trembling with shame and feeling small due to my inability to meet my financial obligations. However, upon meeting Colleen, an administrator at the firm, my anxiety subsided. She immediately put me at ease, creating a comfortable environment for me to open up and discuss how to move forward. Colleen explained that my situation was common and that bankruptcy wasn’t the only solution. In fact, there were seven different options depending on one’s unique circumstances. After an open and honest discussion with Colleen, it became clear that a consumer proposal was the best fit for me. Despite the financial strain, I had an income that could support monthly payments while leaving room for personal expenses. Leaving that meeting, I felt a glimmer of hope that life could improve.
In subsequent appointments with Colleen, I provided a simple list of my debts, assets, and income. Colleen took care of the rest. Before signing any paperwork, she meticulously reviewed her calculations, showing me a rough draft of what my creditors would see. She took the time to ensure I fully understood the process, with no hidden clauses or “fine print.” This transparency was a huge relief. Rebecca, the head of the firm, also met with me to review the draft and make necessary adjustments, highlighting the teamwork and meticulous approach of the firm. It was evident that they genuinely cared about my best interests and were willing to invest the time to do things right.
Within a couple of months, the proposal was submitted to creditors, with a 45-day waiting period for their votes. Each dollar owed to a creditor represented a vote. I learned that consumer proposals were a standard process with high acceptance rates. A key component of the proposal agreement was my commitment to attend and complete two financial counseling sessions, each lasting 60-90 minutes. During these sessions, I worked with Elaine, another administrator at the firm. Elaine’s pleasant demeanor and guidance empowered me to take control of my financial future. She provided valuable insights on budgeting, saving, and healthy spending habits, increasing my awareness of how to regain financial stability.
Now, I pay $125 per month for the next five years. The consumer proposal offers flexibility, allowing me to pay extra each month or the entire amount as a lump sum without penalties. What began as a daunting and uncertain situation ultimately resulted in a positive outcome. I’m on a journey towards improved mental well-being and financial stability. For years, I did my best to meet my obligations, and my only regret is enduring unnecessary stress while deciding on a solution. Armed with newfound knowledge, I strongly encourage anyone facing similar financial distress to reach out to Rebecca, Colleen, or Elaine at Frederick & Company in Sherwood Park, AB. There’s no risk, no judgment, and the initial appointment is free. Embrace vulnerability, openness, and honesty, and any trustee from this firm will guide you towards the right path. My aim is to instill hope in others struggling with debt by sharing my experience and advice as a consumer. Additionally, I hope to contribute to breaking the stigma and embarrassment associated with consumer proposals and bankruptcies.
Chris – Edmonton, Alberta
If you are struggling with overwhelming financial pressures, I unreservedly recommend you reach out to the team at Frederick and Company for support.
Coping with the heartbreak of a divorce and parenting my children through that would not be my greatest challenge. During this stressful time, revelations about our family’s financial situation included foreclosure on the family home, and the garnishment of my wages. There was no time for grief. I was terrified about being unable to pay for housing for my children and myself.
I needed solid financial advice from someone who was able to navigate through very complex issues pertaining to divorce and the separation of debt and assets. I needed immediate financial relief to meet my children’s basic needs. I had interviewed with another company, and they had reaffirmed my fear. The issues were muddy and complex at the intersection of “the division of assets, debt, and divorce”. I felt helpless and overwhelmed.
My next call was to Frederick and Company. Rebecca and Stanley met with me and my divorce attorney. The issues were complex. Rebecca and Stanley treated me with respect, empathy, patience and kindness. They were not afraid to jump into those “muddy waters”. They explained my options and the differences for me living within those options. They created a financial plan that permitted me to provide for my children. With the support of Rebecca and Stanley, I have had the garnishment lifted, found housing for all of us, and have an “achievable” financial path forward.
If you are struggling and afraid due to financial pressures, reach out to the team at Frederick and Company. You do not have to figure this out on your own. Frederick and Company will walk you through that frightening place. Rebecca and Stanley have,
Detangled the financial issues.
Customized a path forward according to my financial obligations – my family needs are at the forefront of the plan.
Treated me with respect, understanding, kindness and patience.
I told Rebecca and Stanley I was deeply grateful for all they had done. I really couldn’t express sufficiently what their solutions, support and kindness meant to me. I wished that others knew about the important work they do.
So I write this letter to you.
Name withheld to protect the privacy of my family. Sherwood Park, AB
My wife and I had reached a point where we had been using credit cards to make ends meet. It became a vicious cycle and our monthly expenditures were much more than our income. This created a tremendous amount of anxiety and stress. We did not know which way to turn. We were extremely embarrassed with our situation and reluctant to seek help because of this. Finally, we got to a point that we needed to do something. My wife googled solutions on the internet and this is where she found Frederick and Company and she sent an e-mail asking for help. They called us promptly and set up an appointment. We were very nervous and embarrassed about this first meeting. When met with Elaine she made us feel comfortable right from the start. She treated us with respect and was non-judgmental and assured us that we are not the only ones experiencing financial issues. She gained our trust right from the start and we had a huge weight off our shoulders when we left the first meeting. This was the start of several meetings with the Fredericks team members until the process was complete. We were shown all of the options available to us and received a full explanation on each option. They detailed each option financially and left the final decision to us on what option to choose. They explained to us how they would negotiate with the creditors and this gave us confidence that they were representing out best interests. The final payment agreement to creditors was certainly within our budget and we are pleased with the outcome.
I would like to thank the entire Frederick and Company team for their professionalism and compassion and I would highly recommend them to anyone that is experiencing a financial crisis.
G.S and P.S. – Sherwood Park, Alberta
Elaine, I would like to thank you for all your help. It is a relief to not have to worry about creditors calling. Being able to sleep at night is wonderful. My only regret is not solving my problem sooner.
S.R. – Ardrossan – Alberta
T.K – Dapp, Alberta
Thank you very much Rodney. I also like to thank Rebecca and especially Dee.. You guys are very compassionate, extremely professional and very hard working. This has been one of the most difficult times of my life and I appreciate they way Fredrick and Company was able to help me through my financial process. In these times you need the right people for help. I will be recommending Fredrick and Company to any friends or family that need assistance like I did.
S.F – Sherwood Park, Alberta
I would like to thank Frederick and Company for helping me through the Consumer Proposal. They were very professional and understanding in my recent situation. Once again Thank you for your expertise, much appreciated.
R.M – Edmonton, Alberta
I would like to say a huge thanks to Dee and her team at Frederick & Company! At a time when I felt hopeless in trying to direct my son through his debt, Dee was able to provide us with many options and great information as to how to go about getting a new start and getting him out of debt! She made us feel comfortable and not ashamed at all of the situation that was at hand! She was direct and spoke in terms that we could understand, and if we didn’t, we felt comfortable to say so! Again, thank you for your guidance and a new beginning for my son! I would highly recommend Fredrick and Company.
J.A Sherwood Park, Alberta
My wife and I have been fighting a losing battle against debt for years with no end in sight until we heard about Frederick and Company and decided to look into what they are about. Well, one thing led to another until finally, we made an appointment to meet with Angela. She took her time to explain what our options were to get out of debt. We left with forms to fill out detailing all our debt, expenses and income.
In our second meeting Angela went over the information we submitted and in conjunction with Rebecca, explained how we can pay back the debt in 5 years without going into bankruptcy through a consumer proposal. My wife and I discussed this option back at home and felt it was a good move to go that route. We signed the proposal papers in June 2019 and immediately the calls ended and our repayment schedule was a small fraction of our pre-proposal debt payments.
I know this is a brief summary of our journey out of debt but we can say the staff at Frederick & Company knew their business and as a result we can rest knowing we didn’t go into bankruptcy, we are rebuilding our credit, and most importantly we have once more peace of mind, not worrying about how to make the minimum monthly payments. A bonus for us were 2 sessions with Jessa to show us how to budget and how to rebuild credit. The information provided to us went a long way in helping us redirect our life in a positive way.
Frederick & Company saved us!
R.C & B.C – Sherwood Park, Alberta
C.S – Edmonton, Alberta
Thank you so much to all of you for all your help and education. More people need to be taught all this information so that they don’t get stuck in these tough situations. I strongly recommend Frederick & Company to anyone who feels like they can’t get anywhere with their payments and debt. This company knows what they’re doing and they’re more than happy to help you! Again, thank you so much for everything you’ve done.
S.J – Edmonton, Alberta
B.K – Redwater, Alberta
D.N – Edmonton, Alberta
I would like to thank Rebecca Frederick of Frederick & Company for the work she and her associates did for some friends of mine recently. The couple she helped has accumulated a substantial amount of personal and tax debt that seemed insurmountable. This debt had caused them unlimited amounts of depression and stress, not their entire lives. They said:
“We felt like we would never be out of debt and were embarrassed, ashamed and afraid. We thought bankruptcy was our only avenue and we would lose everything. Rebecca showed us our options and we couldn’t believe how good they were. we are out from under our huge debt and can plan for our future again. We had give up hope on that ever happening. Rebecca saved our lives.”
I also can attest to how Rebecca has changed their lives and it is remarkable. I would most certainly recommend her to anyone in financial distress. I am proud to have her as an associate and friend.
J.S. – Edmonton, Alberta
L.W. – Sherwood Park, Alberta
L.W. – Sherwood Park, Alberta
M.L. – Edmonton, Alberta
L.N. – Sherwood Park, Alberta
R.B. – Edmonton, Alberta
C.H. – Edmonton, Alberta
I was very fearful when I first came to Frederick & Company, but to my surprise that fear disappeared real fast. The debt load I was carrying kept me stuck in a fearful state, but much to my surprise that fear dissolved. I was in shock because I wasn’t expecting that to happen. I am very grateful for the fast and prompt help, I feel I went from an icebberg to a beautiful flowing stream where my finances are concered. The learning that I experienced during this process is beyond words, as well as how grateful I feel having Rebecca and her team assisting me through this.
Everyone is so knowledgeable and helpful!
J.C – Edmonton, Alberta
S.D. – Edmonton, Alberta
A.W. – Edmonton, Alberta
Two years ago, I was in what I thought was a hopeless situation. Canada Revenue had started garnishing my wages due to my large unpaid income tax burden. Even worse than that, my bank got a court settlement against me for my line of credit that had gone bad and the collection agency would confiscate any extra funds. This was very frustrating, but I thought at least my debt was being paid off. Turns out, when I finally stopped burying my head in the sand and took a look, the principal had barely been touched and all my money was being wasted on the fees and interest.
When my wife finally reached out to her employer for help and advise, she was recommended to Frederick and Company. they immediately stopped the garnishments, consolidated my various debts into a bi-weekly payment that fits my budget, and even got the total amount reduced significantly!
Two years later, I can see the light at the end of the tunnel. My wife and I have finally been able to plan for our future, set up retirement savings, and I can look forward to rebuilding my credit. Also, none of this affected my wife’s credit score.
Rebecca and her team were fantastic and really put me at ease through this whole process. They really listened and gave great advice. I would (and already have) recommended their services to anyone who has gotten into financial trouble that they don’t know how to get out of. They can provide you with an opportunity to achieve peace of mind, financial security, and a future to look forward to.
K.M – Sherwood Park, Alberta
Thanks Frederick & Company for the wonderful help and kindness!
C.S. – Stettler, Alberta
A friend suggested Frederick and Company to me. They were very understanding, never once making me feel like I was a failure. They just focused on how to best help me get things back under control, and taught me what I need to know to stay on top of things in the future.
It’s been great working with them!
A.F. – Edmonton, Alberta
E.S. – Edmonton, Alberta
Frederick and company has given us a fresh start, a new outlook on life and confidence in our future.
C.M. – Edmonton, Alberta
S.D. – Edmonton, Alberta
D.H. – Edmonton, Alberta
It has been a pleasure to work with the staff at Frederick & Company this year. They have been a vital resource during a difficult time in my personal life and have assisted me with my financial challenges in a knowledgeable professional manner. This firm has demonstrated top-notch business practice through collaboration with clients, transparency and insight as to options available to their clientele to achieve a successful outcome on an individual basis. I look forward to working with this team in my credit rebuilding stage and recommend anyone in financial distress to collaborate with these professionals.
S.D. – Edmonton, Alberta
When I was ready to change course, the team at Frederick & Co., helped me face my financial challenges. In addition to their expert advice, they treated me with respect, non-judgement and compassion. I really felt they were looking after my best interests beyond the debt, with information about financial management, planning for retirement and more. We talked about being accountable for one’s personal finances, learning from past choices and also to be compassionate to oneself. They always communicated clearly and in a timely manner. They helped me deal with the creditors. They provided the pros and cons of each potential solution and helped me make the best choice for my circumstances.
I am on a different path now with my finances now. Accountable, empowered and looking forward to the future. Making that first call is the hardest – and I encourage you to do it. With Frederick & Co….you will be in good hands.
C.N. – Edmonton, Alberta
Words cannot convey the amazing work your company does. You blindly go through this process, but with your guidance it was made easier. Any questions, or fears, I had were put to rest with a simple phone call. Your staff made me feel always welcome in the office and that someone was on my side.
Thank you! Thank you! Thank you!
L.L. – Edmonton, Alberta
Due to a failing business, and as being personally responsible for the demise of said business, we found the need to contact Rebecca as there was no way that we could get out from this responsibility on our own. We sat down with Rebecca and she thoroughly outlined the whole process for us. She devised and executed our proposal in a very short time and helped us with our multitude of questions along the way.
She provided exemplary professionalism, caring, and confidence which greatly helped us get through this process.
We had an amazing experience working with Rebecca and would recommend her, without hesitation, to anyone else who finds them in need of this type of service.
V.P. – Edmonton, Alberta
The solution they provided was immensely helpful for my situation. My stress was relieved and I can move forward knowing that I made the best decision to contact Frederick & Company Ltd. and I have options available.
I had dug myself into a deep financial hole with no way out, I thought. Every month when I opened my bills it seemed to be getting worse. There was no way I thought they would ever be paid off and I did not want to leave my debt to my family.
I was referred to Frederick & Company by a family member. It was the best move I ever made. They listened to my dilemma and helped me through the process with care and understanding.
I am now looking forward to a promising financial future and can now see the light at the end of the tunnel thanks to Rebecca and Parveen.
I would highly recommend Frederick and Company if you are struggling with your finances and need help.
M.M. – U.S.A.
M.L. – Fort Saskatchewan, Alberta
I had a very good experience, right from the phone call to set up an appointment it felt like my situation was understood. I felt like I was given options dependant on my own financial situation and not some generalized program dealt to any lerson who walked in.
All of my concerns were not only listened to but were explained in good detail what each option would entail in terms of possible consequences. There was no pressure for me to choose any option and I was given as much time as I wanted to look over the numbers for each option on my own time. I was given good advice on which options were probably the best ones for my situation, but was in no way pressured into any suggestions.
My experience was very professional and comfortable and I will highly recommend anyone I know in bad financial standings to have a chat with Rebecca to go over what options are available to them.
T.W. – Edmonton, Alberta
Then I was told about Frederick & Company. I contacted Parveen and decided to go see what they had to offer. Parveen looked at all my documentation and said they would be able to help. I listened but was unsure as the proposal sounded a lot like bankruptcy which I had decided against at the outset. But the more I looked and listened I began to see the merit in the Proposal. Lower payments no more paying interest on the interest and an opportunity to start saving some money as well. Still undecided I went for lunch and thought over what I had learned. Deciding to go ahead with the Proposal I contacted Parveen to set up an appointment.
As we went over the entire proposal I could see a very positive side to it. But it was not until now when I did my part that I became aware of the large burden lifted off of me. I had not been aware of the amount of pressure I had been living with. Life has taken on a new look and I feel free and ready to live again.
If this sounds like you called Parveen @ Frederick & Company. I can only say thanks a lot Parveen for giving back my life.
R.E. – Edmonton, Alberta
Thank you again.
L.M – Edmonton, Alberta
Thank you, Rebecca!
L.L. – Sherwood Park, Alberta
C.W. – Athabasca, Alberta
I came across Rebecca’s services online and thought I would try again for proper advice. Rebecca took it to a kind, personal level of respect with communication. Instantly, Rebecca showed us no matter what, there is a light at the end of the tunnel. She kept us positive, focused, and most of all, told me to have faith. Her expertise and kindness brought us through a process of help, advice, and most of all no judgemental thoughts. The stress of living has diminished with the procedures we had to take. Rebecca is one of the most positive people I have turned to for help, and her professionalism is outstanding.
I can’t thank you enough Rebecca.
M.W. – Strathcona County, Alberta
Thanks for being there to answer the (many) questions I had throughout the process, and guilding us towards the lights at the end of the tunnel.
D.O. – Edmonton, Alberta
This is where Rebecca with Fredrick and Company Ltd. walked in. She was open, concerned, non – judgementaland straight to the point. She was exactly what I needed. She talked me through my options. I knew what I wanted but she helped me to get what I needed.
I am now well on my way to achieving my goal of being debt free. A huge weight has lifted and there is still work to be done. I know that I can contact Rebecca at any time to answer my questions or quell any concerns I may have.
Its been my pleasure to work with Rebecca and it has been a pleasure writing this testimonial attesting to such great service and a human connection in spite of the heavy burden I felt.
H.L. – Edmonton, Alberta
C.S. – Edmonton, Alberta
M.R. – Lloydminister, Alberta
J.R. – Strathcona County, Alberta
When I pulled my credit report I found I only owed my student loan and 1 other bill, so I did not need her services but I would highly recommend this company as a debt solution to anyone looking to make the choice to get out of debt.
I do hope I never have to call on her services but if I ever find myself in debt Rebecca and her team will be my first phone call.
I wish Rebecca and her team all the best in 2015 and will be referring anyone I know with debt to give her a call.
M.S. – Edmonton, Alberta
A.B. – Edmonton, Alberta