We help to reduce your debt by up to 80% and get you back on track. Up to 97% of families successfully complete the plans we create and become debt free.
Courtice sits between Oshawa and Bowmanville in the Municipality of Clarington, and a lot of household budgets here are shaped by the drive: the 401 west to Oshawa, Whitby or Toronto, or Highway 418 up to the 407. Add a mortgage on a newer subdivision home, childcare and the odd stretch of reduced hours, and credit cards can quietly carry the difference. David Heysel, a 4 Pillars debt consultant who works with Clarington and Durham Region families, starts by mapping your real monthly numbers, then explains which options fit, from budgeting and money coaching and a debt management plan to a formal solution through a Licensed Insolvency Trustee.
If you have steady income but can’t realistically repay your credit cards, loans or tax debt in full, a consumer proposal is often the first formal option to compare. A Licensed Insolvency Trustee files an offer to your creditors to repay part of what you owe over up to five years, and your creditors vote on it. 4 Pillars is not a trustee. David helps you prepare, explains what to expect and introduces you to a trustee. For Courtice homeowners, one draw of a proposal is that you generally keep your home while you deal with your unsecured debts. How a consumer proposal works.
Bankruptcy is more often a fit for someone renting in Courtice or Bowmanville with limited income and few assets than for a homeowner with equity. Only a Licensed Insolvency Trustee can file it, and Ontario law decides which assets you keep. David will walk you through what it could mean for your income, vehicle and RRSPs before you meet a trustee. Learn about bankruptcy.
A consolidation loan or refinance can simplify payments if your credit is still good. Just remember that moving card balances onto your mortgage doesn’t reduce what you owe and puts your home on the line. If a lender has already turned you down, compare options for homeowners before you decide. After your debt is dealt with, David can also help with credit rebuilding.
Your first one-hour consultation is free, and David meets clients by appointment, including evenings and weekends. 4 Pillars is not a Licensed Insolvency Trustee, so ask about any costs before you commit. Call 250-410-3963 or use the form on this page to get started. Closer to the west end of Durham? See our Oshawa and Ajax–Pickering pages.
Not necessarily. In a consumer proposal you generally keep your property, though the equity you have affects what you’d need to offer creditors. Talk it through before you make any decisions.
No. Retirees can file a consumer proposal, and a trustee looks at your pension income when building an offer you can afford. A budget that fits a fixed income is often the first step.
It’s better to talk early. Knowing your options before payments start slipping gives you more choices and keeps you from committing to payments you can’t sustain.
No. Call 250-410-3963 or fill out the form on this page, and we’ll set up your free consultation at a time that works for you.
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