Belleville: 613-966-8060

Read Our Blog for Debt Advice and More

F. J. Zielski & Associates is proud to start its new blog. Check back regularly for financial advice and tips on different topics.

  • Consumer Proposals to Deal with Debt Issues
    10/02/2020 0 Comments
    Advantages of Filing for a Consumer Proposal to Deal with Your Debts

    Are you finding it difficult to repay your loans? In Canada, there are several different forms of debt relief you can choose, including consumer proposals, debt settlement and debt consolidation. Consumer proposals can be effective in managing such situations as they reduce the total amount owed by up to 70-85 per cent. They have a lesser effect on your credit than bankruptcy. 

    Most of the creditors usually agree to a consumer proposal as they will lose more if the debtor takes the next step and goes into bankruptcy. If majority of the creditors approve a consumer proposal, then the ones who voted against it are required by law to honour the terms of the proposal.

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  • Insolvency
    05/12/2019 0 Comments
    7 Myths About How Insolvency Keeps You From Growing

    Insolvency is a financial condition in which an individual or an organization cannot meet its financial commitments to its lenders. The total liabilities exceed the total assets, so the creditors’ requests are not met. Before insolvency proceedings, the person or company may get involved in informal arrangements such as substitute payment compromises with the creditors. It is important to know that being bankrupt is not the same as being insolvent. Insolvency precedes bankruptcy. Once you know you are not able to pay your bills, you can consider filing for bankruptcy.

    According to the Bankruptcy & Insolvency Act, an insolvent individual is a person who owes more than $1,000 and is “unable to meet his obligations as they generally become due.”

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  • 04/11/2019 0 Comments
    6 things you should know before filing for bankruptcy

    In Canada, the process of going bankrupt is governed by the Bankruptcy & Insolvency Act. If you and your insolvency trustee believe that this is the right course of action for you, it’s normal to be left feeling a bit overwhelmed. Here are the answers to six questions that people in your situation often have.

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  • Is a Consumer Proposal Right for You?
    07/12/2018 0 Comments
    Is a Consumer Proposal Right for You?

    A consumer proposal is a debt repayment solution that can be a good alternative to bankruptcy for people who are in significant debt and who have a hard time paying their monthly bills. F. J. Zielski & Associates Inc. is a consumer proposal office in Belleville that helps clients reduce the amount they have to pay to their creditors. We'd like to help you decide if a consumer proposal is a good choice for you.

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  • Credit Counselling
    07/12/2018 0 Comments
    How Credit Counselling Can Help

    Have you been struggling to pay your bills on time and finding that your debts just seem to keep adding up? You are not alone. Thousands of other individual Canadians and small businesses across the country are in the same boat. At F. J. Zielski & Associates Inc., we offer credit counselling in Belleville and the Quinte region to both individual and small business clients to help them get a better handle on their finances.

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  • What Happens to Your Assets after Bankruptcy?
    09/03/2018 0 Comments
    What Happens to Your Assets after Bankruptcy?

    Those who struggle with their finances may find themselves coming to a crossroads where they must decide how to resolve significant debt. Filing for bankruptcy in Kingston, Belleville or Trenton is far from the only debt solution available, but is arguably the most drastic because it seriously impacts your credit rating and ability to obtain credit, immediately ceases legal action that your creditors may have begun against you, and liquidates many of your assets.

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  • Debt Consolidation
    30/06/2017 0 Comments
    Debt Consolidation: Pros and Cons

    For people who struggle with growing expenses and unpaid credit card bills, it may seem like the only way out is filing for bankruptcy. However, contrary to public belief, this method of dealing with financial trouble is only to be used as a last resort. There are various other debt solutions of which individuals and businesses can take advantage, but of which they often remain unaware.

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  • Advantages of Filing for Bankruptcy
    16/06/2017 0 Comments
    Advantages of Filing for Bankruptcy

    Managing debt is time-consuming. Every month you have to decide which debt can be paid and which payments can be put off. Collection agents contact you regularly and sometimes at inopportune times, trying to gain your commitment to pay what you owe.

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  • How to Improve Your Credit Score
    28/02/2017 0 Comments
    How to Improve Your Credit Score

    Improving your credit rating can be hard work, but it is achievable, no matter what your starting point is. If you’re looking to improve your credit score, F.J. Zielski & Associates Inc. can help you with the process. Whether you have a poor credit score or no credit history, you may be unable to negotiate fair terms for a loan until your rating improves. Consider the following guidelines as initial steps:

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  • What You Need to Know About Filing a Consumer Proposal
    06/02/2017 0 Comments
    What You Need to Know About Filing a Consumer Proposal

    If you need immediate debt relief and a long-term debt solution, a consumer proposal can be a great alternative to bankruptcy. While it is ultimately your decision, a consumer proposal is often preferred when it is an available option as it has many advantages over filing for bankruptcy.

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  • 14/12/2016 0 Comments
    6 Expert Strategies to Manage Your Debt

    When you’re deeply immersed in debt, declaring bankruptcy may seem inevitable. However, there are other solutions. For starters, individuals in Kingston, Trenton, Belleville, and Cobourg can get credit counselling with F. J. Zielski & Associates Inc. Our insolvency trustees are qualified to offer you financial counselling that allows you to find the ladder leading to your financial freedom. Here is some of the debt management advice we offer folks like you every day.

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F. J. Zielski & Associates Inc.

298 Coleman Street,

Belleville, ON K8P 3J1

Phone: 613-966-8060

Fax: 613-966-9018


Other Addresses

Kingston Location
2447 Princess Street, (in the Guardsman), Kingston, ON K7M 3G1

Trenton Location
21 Quinte Street,

(in the law offices of Sioui Mitts Law), Trenton, ON K8V 3P4

Other Phone Numbers

Cobourg: 905-372-2237
Kingston: 613-548-7070
Trenton: 613-394-0707
Toll Free 1-877-966-8060


Monday - Thursday 09:00 AM - 05:00 PM

Friday 09:00 AM - 04:00 PM

Service Area

  • Belleville
  • Cobourg
  • Kingston
  • Trenton


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