Latest Update Updated May 31, 2020 Hudson & Company Insolvency Trustees Inc. is committed to safeguarding the health of our clients, team members, and the general public at large. We have made several changes to our operations as we are taking every precaution to...
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Looking For A Bankruptcy Trustee In Calgary? Talk To A Licensed Insolvency Trustee!
Need debt help? Speak to a Licensed Insolvency Trustee (LIT) Are you looking for debt assistance and wondering how to contact a Bankruptcy Trustee? For starters, it’s essential to know that Bankruptcy Trustees were officially renamed ‘Licensed Insolvency...
Dealing With Income Tax Debt (CRA Debt Forgiveness)
CRA Debt Forgiveness An increasing number of people in Canada are finding themselves with tax debt. Even if you file your taxes every year, it is still possible to end up owing the Canada Revenue Agency (CRA). There are many reasons a person may find themselves owing...
Consumer Proposals And Your Credit Score
Maintaining an acceptable credit rating is a priority for many Canadians. Having “good credit” can give you access to vehicle financing, credit cards, cellular networks, and other important services. For the Canadians who are dealing with insolvency, it becomes almost...
What Is A Consumer Proposal? (Is it worth it?)
At Hudson & Company, we understand that life does not always go as planned. Our goal is to provide debt relief and insolvency solutions to help get you back on track. Because every person’s financial situation is unique, we will always find a solution...
What Happens During Banruptcy?
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This page is provided as a resource for people considering personal bankruptcy or who have already declared bankruptcy and are seeking further information regarding what happens during and after filing for bankruptcy…
Making Sense of Alberta’s Bankruptcy Exemptions
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Find out what assets are exempt from bankruptcy proceedings federally, and provincially in Alberta. Learn about the legislation that determines the exemptions and limitations placed on certain assets…
How Do Consumer Proposals Work?
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A consumer proposal is a legal solution designed to settle your debt by repaying a fraction of what is owed to your creditors, interest-free, without losing any of your assets. A consumer proposal includes a repayment plan that can significantly reduce your debts up to 70%…
Consumer Proposal vs Bankruptcy?
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An in-depth comparison of Canada’s two formal debt settlement solutions offered under the Bankruptcy and Insolvency Act. Find out how they are similar and how they are different.