About Us - How We Settle Debt


Craig Fryzuk

President & Founder

Craig is a Chartered Insolvency and Restructuring Professional (CIRP) and a Licensed Insolvency Trustee (LIT) practicing in Alberta, Saskatchewan, the Northwest Territories and Nunavut. Craig’s passion is helping people with financial difficulties and works with them to give them a plan to pay down debt quickly and transform their lives and get them on the path to financial success through becoming debt free.

Craig helps people with credit card debts, tax debt, student loans, payday loans, people struggling to makes ends meet, or people living paycheque to paycheque that want something better. Craig helps many people to settle debt and move forward with their lives. Craig has been helping individuals and companies with money problems for 21 years and has been a Licensed Insolvency Trustee since 2005.

Craig is a board member and past president of the Alberta Association of Insolvency and Restructuring Professionals, and a past board member of the Canadian Association of Insolvency and Restructuring Professionals.

Craig regularly presents at seminars and conferences to people looking for answers to their money challenges or people who want to learn more about budgeting and financial literacy. Craig has also made many radio and television appearances presenting on restructuring, budgeting and how to take a proactive approach to financial health and wellness.

Craig is an active volunteer in his community and finds great joy in coaching his daughter’s soccer team. Craig is here to help you to settle debt and move further down the road to becoming debt free.


Carmen Gauvin

Debt Solutions Manager

Carmen Gauvin's career in insolvency began in 1998 with a boutique firm in Winnipeg. During 2000-2004 she stayed home with her daughter who was born in 2000. Carmen began her journey with BDO in 2004, which continued until 2015 where she moved to Calgary and started working with a boutique firm in Calgary until January 2016 when a position became available with Craig Fryzuk at BDO in Calgary. Carmen joined Craig Fryzuk at The Fryzuk Group in January 2019

What Carmen enjoys most about her job is helping people recognize their finances and aid them in developing a brighter future that includes becoming debt free. She acquired skills and empathy over the years as an Administrator and Insolvency Counsellor for people in almost every financial crisis and enjoys sharing in their successes as they settle debt.

Carmen dedicates her spare time to her three adult daughters and enjoys spending time and travelling with them. She truly feels at home in the lovely neighbourhood of Beltline and Mission with her cat whom she tolerates.


Tom Exelby

Debt Solutions Manager

Tom Exelby, is a Senior Insolvency Administrator and Financial Restructuring Counsellor. Tom has been working with individuals and families struggling with financial difficulties for the past 18 years. Servicing locations in Red Deer, Edmonton, Grande Prairie, and Fort McMurray Tom has traveled throughout all of Northern Alberta and understands all the issues people have with debts unique to their individual areas.

Tom helps people deal with debts while trying to make ends meet. Credit cards, overdrafts, and income tax are only a few financial issues families are dealing with in these troubled times.

Growing up on a small farm and then being a single parent Tom knows well enough about the struggles families deal with on a day-to-day basis.

Having lived and raised a family in Millwoods for almost 35 years, Tom has been a community league member and served on condominium boards for decades and recently retired from the recreational hockey team he played with for over 20 years.

When Tom isn’t helping people with their debts he enjoys traveling the world and wants to explore every corner someday. Spending time with his kids and grandkids is what Tom considers most special. Tom finds an afternoon motorcycle ride visiting small communities making pit stops at local watering holes and cafes is a great way to meet new people and relieve stress.