Krieger & Company Inc. Market Research Report
Company Overview
Name
Krieger & Company Inc.
Mission
To provide creative and effective solutions to unique debt challenges, bringing individuals and businesses to financial recovery.
Founded
1999, by Michael Krieger.
Key People
- Michael Krieger: Founder and licensed insolvency trustee.
- Perry Krieger: Michael's father, a Trustee in Bankruptcy since 1983 and founder of Perry Krieger & Associates Inc.
Headquarters
Richmond Hill, York Region, Southern Ontario.
Number of Employees
No information is available.
Revenue
No information is available.
What the Company is Known For
Krieger & Company Inc. is known for:
- Helping Canadians with insolvency and debt solutions.
- Providing consumer proposals, bankruptcy services, and credit counselling.
- Bringing over 18 years of experience in financial recovery solutions.
Products
Consumer Proposals
- Description: Consumer proposals are settlements with creditors that involve making one monthly payment. These proposals are a way to pay a fraction of the total debt without any interest, stopping calls and garnishments.
- Key Features:
- Real protection from creditors.
- Licensed credit counselling.
- Handling of dissenting creditors.
Bankruptcy Services
- Description: Provides a fresh start for individuals whose financial problems are too big to control. Offers flexibility in payments based on income.
- Key Features:
- Stops collection calls and garnishments.
- Ensures debtor control throughout the process.
Credit Counselling
- Description: Offers trusted advice to guide individuals on their path to financial stability. Helps maximize debt repayments and minimize interest, thereby improving credit.
- Key Features:
- Tools and information to make important financial decisions.
- Licensed insolvency counsellors available for consultation.
Recent Developments
New Features and Adjustments
- COVID-19 Order: Ontario Superior Court of Justice issued an order to provide payment extensions for consumer proposals during economic uncertainty caused by COVID-19.
- Changes in Credit Reporting: Both Equifax and TransUnion have shortened the period that consumer proposals remain on credit reports to three years after fully performed or six years after originally filed.
- Surplus Income Limits for 2021: Updated surplus income directive (11R2-2021) that sets out calculations and surplus income limits for 2021.
New Partnerships
No information is available.
Recent Product Launches
No information is available.
Community Engagement and Support
- Actively participates in supporting various organizations and events to enrich and inspire the lives of people in the community.
- Michael Krieger is actively involved in business and trade associations in York Region.
Blog Highlights
- Consumer Rights in Ontario: Detailed guide on consumer rights in Ontario covering financial transactions, gift cards, payday lending, identity theft, and more.
- COVID-19 Adjustments: Highlighting flexible debt solutions during the pandemic and offering support to individuals facing economic impacts.
- Rebuilding Credit: Guidance on rebuilding credit after a consumer proposal or declaration of bankruptcy.
Contact Information
- Phone: 1 (844) 508-8088
- Operating Hours:
- Monday - Friday: 9:00 am to 7:00 pm
- Saturday: 11:00 am to 3:00 pm
Conclusion
Krieger & Company Inc. provides tailored financial solutions to Canadians, boasting extensive experience and a strong reputation in insolvency and financial recovery. The company offers a range of services designed to help individuals and businesses tackle debt challenges effectively.
Note: Strictly mentioned only the information found in the data and clearly indicated where data is not available.