* When you go bankrupt, you will be required to provide your trustee with a list of all of your liabilities (debt) and assets and provide proof of your income. If only I could put more stars! The team is phenomenal and I am extremely satisfied. Dealing with Jeff was amazing . Jeff, Nicci, and lately Steven, were all great people to work with. It felt overwhelming, but together with the lovely Shelley Westmorland, Jeff armed me with the knowledge and confidence I needed to make the right decision for me. It's an example I will continue to follow.Sincerely,JF", Hudson & Company offers a free consultation. Thanks to Hudson & Company for their great support and help to find solution to my situation, there is nothing quieter and more satisfying than waking up thinking I am debt free! Tip: The instructions in this booklet are general and apply to most cases. I am very grateful that the company changed my life for the better, without them I would not be where I am today. Jeff helped me navigate one of the biggest (and most emotional!) © 2020 – Hudson & Company Insolvency Trustees Inc | Privacy Policy | Website by AUCO Marketing. If you have too much equity in your home, or assets above what you’re allowed to keep in Alberta, your trustee will sell your assets for you. I am so happy that my payments will be literally almost 20% of what I was paying just to make my minimum monthly payments. He was very knowledgeable is all the processes and took the time to walk me threw each step so I felt comfortable and understood proceeded. These rules are made not only to protect the debtor but also to ensure that your creditors are dealt with fairly. Very Good at what they do....was a painless process in a difficult situation!!! More and more Albertans are unable to pay their debts, according to the latest data from Canada's Superintendent of Bankruptcy. I have never felt so involved in a process, like I was part of the team! It’s a hard personal experience to go through but they made it as painless as possible and were polite and patient dealing with me. You can Eliminate your Debt and Change Your Life! hi I WOULD ABSOLUTELY PICK JEFF PRICE AS HE IS SO VERY AWESOME AND APPRECIATE ALL OF WHAT HE AND HIS STAFF DO FOR ME TOO. Amazing people here...so grateful to have found this company. He went through in detail the different options available to us and help us go through the process step by step.We cannot thank Bruce enough and have a lot of respect for him and his team, not just for his knowledge and being able to help us get back on our feet financially again, but also for making us feel good about ourselves again. The Bankruptcy and Insolvency Act is a federal law which regulates bankruptcy and proposal proceedings in Canada and as a federal law, it applies to all provinces and all three territories. All … Jeff was very professional, listened to my concerns, and provided a solutionthat no one else had thought of. We found it very informative. Bankruptcy: 4/26/2019: 660748 NB Inc. (operating under the name IRM Moncton MRI) Bankruptcy: 11/18/2013: 8039879 Canada Inc. CCAA: 9/1/2015: 8039895 Canada Inc. CCAA: 9/1/2015: 8942595 Canada Inc. (operating as Herbal Magic Inc. effective August 1, 2014) Bankruptcy… We have legislation at both the Federal and Provincial levels that outline processes for bankruptcy and other regulated debt settlement options including consumer proposals. Debts Included in Bankruptcy Are Not Always Discharged. Thank you for all information. TOO I WOULD ABSOLUTELY PICK JEFF PRICE OR ANYONE ELSE THERE, hi I WOULD ABSOLUTELY PICK JEFF PRICE AS HE IS SO VERY AWESOME AND APPRECIATE ALL OF WHAT HE AND HIS STAFF DO FOR ME TOO. Well from my experience with Steve he was amzing no judgment on his end as the list of collection's went on and on. Trying to make me see the light at the end of the tunnel.At the end of the day no matter who you chooseTo help you make sure you feel comfortable with them. The options presented by Mr. Bruce Hudson were clear and helpful toward our course of action. Jeff Price was honest and helpful in guiding us with our concerns. Consumer Proposal Alberta Licensed Insolvency Trustees in Alberta. To ask about what you can keep if you go bankrupt in Alberta and the rules for bankruptcy exemptions in Alberta, please consult your local Bankruptcy Alberta Trustee. Jennifer and Jeff had me completely at ease when I walked in a nervous wreck I couldn't have had two better people looking after me! We consolidated all our debt into 1 monthly payment. For a description of the different types of debt and how they are treated in a bankruptcy, please feel free to access our webpage entitled Types of Debt. Steve Cook gave me the best advice. Bankruptcy and Insolvency Act and have obeyed all of the conditions set out in any Order. During our meetings Bruce made us feel comfortable, treated us with dignity and respect and made us feel good about ourselves again.Bruce’s knowledge and commitment to helping people is second to none. Section 67 of the Federal Bankruptcy and Insolvency Act allows each province to set its own law, with respect to determining what is exempt from seizure and what assets its residents can keep if they go bankrupt. As an accompanyment to the Civil Enforcement Act, the Civil Enforcement Regulations provide further details surrounding the laws and rules of debt enforcement. Jeff Price was extremely proficient. I am very appreciative to the Hudson & Company team for educating me in a better habit in learning how to deal with my finances. I would highly recommend him to anyone for guidance. Highly recommend this company. I later dealt with Jeff and some of his team - Breanna Burkard-Smith, Nicci Johnson and James Doney. For some assistance with my situation.When I walked in the door was treated as if I was a long time client.Met with Jeff he was very helpful and made me feel very comfortable. At a time when I felt nothing could pull me out of the depression I was in due to overwhelming debt, Jeff Price at Hudson & Company helped put me on track to dealing with mutiple creditors within my means. I got a referral from a friend to go here and I am not disappointed! I was updated every step of the way in regards to what was happening. If you want to declare bankruptcy… I considered several options but found Jeff Price to have the most positive approach to my situation. These exemptions may not apply if you have pledged or given security against any of the otherwise exempt assets you own, to a secured creditor. Thank you Jeff & Shelley, I am so appreciative for all of your help! Thanks so much for your help. Not once did Jeff make us feel awkward or shamed in any way and at the end of the day got my family on track to dig ourselves out of our mess. Business Licenses. We've had our first counselling session with Karis and she's great too! You have made everything go smoothly and always cater to my needs.Hands down, an awesome establishment!! I really cannot recommend Jeff Price and the team at Hudson & Company enough. In Alberta the provincial law governing exemptions in a bankruptcy is called the Civil Enforcement Act of Alberta. We met with Bruce to discuss our financial circumstance and he was very helpful. Hudson & Company was the third debt resolution business I went to and quite frankly, I didn't have much hope. Includes charities, fundraisers, and these business licenses: auction, cemetery, charitable … The Hudson Team has been so helpful and kind in assisting me with understanding what would work best for my personal circumstance. Jeff was amazing. The Civil Enforecement Act  is Provincial legislation in Alberta that determines how debts can be enforced and collected by creditors. You have helped me out of an impossible situation. Every step of the painful process of filing a bankruptcy, is managed by the professionals of Hudson and Company in a compassionate, assertive but comforting way. The Court also hears appeals from the Provincial Court of Alberta in respect of civil cases under $50,000. After thinking about it for a long time I finally decided to seek help to solve my economic problems and it was the best decision I made. I have no words for how professional, compassionate, and kind all of these individuals were to me during one of the most difficult and financially embarrassing times in my life....I am so grateful to them all for their prompt responses to my many questions and would recommend them to anyone who is struggling with heavy financial burdens and how to move into the next step of re-building their financial lives. Started with Stephen and ended up with Breanna. When you file for bankruptcy… Hudson & Company Insolvency Trustees Inc. Called Jeff and was greeted warmly and walked through our options. Your questions or concerns are always answered in a quick and timely manner. I have contacted 10 other firms.I have decided to wait, however I wanted to write this review cause there are so many company's out there that are ready to help but are they really helping you the correct way and are they giving you the correct information?? I had a great experience working with this team of professionals and they did everything in an excellent fashion. It felt overwhelming, but together with the lovely Shelley Westmorland, Jeff armed me with the knowledge and confidence I needed to make the right decision for me. Friendly, professional, and very helpful staff. In Alberta the provincial law governing exemptions in a bankruptcy is called the Civil Enforcement Act of … From there they handle everything and keep you posted during every step.I am REALLY excited to be able to pay off my debt, learn how to manage my money WAY better and I am still able to build my credit back up while I’m paying everything off.Couldn’t be happier! To us, the way Bruce made us feel from start to finish was priceless.Thank you Bruce and all of your team. We would enthusiastically recommend Hudson & Company with a 5 Star rating, to anyone desiring financial advice. Every question or email no matter what or when was replied to with haste. Small business bankruptcy is different for incorporated businesses because corporations are independent legal entities. The first part for Hudson and Co’s knowledge and expertise and secondly and just as important, for the personal side of working with Bruce and his team.My wife and I met with Bruce at time when we thought there was no hope for our financial situation and we didn’t know what to do about it. Amazing people here...so grateful to have found this company. Jeff was amazing. Thank you both for your professional, very informative and reassuring ways. Thank you very much! Canadian Bankruptcy Laws Help You to Make a “Fresh Start” The Canadian bankruptcy … Some professions have rules in place precluding your filing a bankruptcy, such as having a broker’s license in which trust accounts are managed. Thank you Bruce, and associates, for your care and advice.SM, © 2020 – Hudson & Company Insolvency Trustees Inc |. This is the place to go. I would strongly suggest to go through this company if you are in financial woes. (These exemptions also apply to people who are not in bankruptcy … It is easy to get confused with all of the media coming from the USA, but Canada’s bankruptcy laws and rules are not the same. After struggling with trying to pay off our debts, My fiance and I decided to make the phone call to Hudson and company for information on helping us with our debts. My first meeting was with Richard Price, and my second with Jeff Price. GO WITH THESE PEOPLE AS THEY ARE THE BEST TO HELP YOU OUT AS THEY HELPED ME OUT ALOT JEFF PRICE OR ANYONE ELSE TOO, LOVE HUDSON AN COMPANY THEY ARE SO AWESOME AND HELPFUL AN ANSWER?? Briefly, the steps are: • Choose an Alberta Trustee. Most importantly , my proposal turned out better than I dared hope and I can look forward to not having to constantly worry about my debts. With debt like SOOO many others in Alberta, call them, they can and really do help.Thank Jeff... 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