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.
From Lower Lonsdale and Lynn Valley to Edgemont, Deep Cove and across the bridge in West Vancouver, life on the North Shore is expensive. Mortgages, strata fees, bridge traffic and the cost of raising a family here leave little room for error. When debt starts to take over, 4 Pillars helps North Vancouver residents understand every option and choose a plan that fits.
Your first one-hour consultation is free and confidential. You’ll come away knowing where you stand and what your realistic next steps are.
We hear from port and shipyard workers, film and TV crews between productions, Capilano University students, tradespeople, and families in Lynn Valley and Lonsdale who are carrying a large mortgage alongside credit card and line-of-credit balances. Many are helping adult children or aging parents at the same time. We start with your real numbers, then explain which options fit, from a tighter budget and money coaching and a debt management plan to a formal solution through a Licensed Insolvency Trustee. See all of our services.
If you can manage a steady monthly payment but not your full unsecured balances, a consumer proposal lets you offer your creditors part of what you owe over up to five years, interest-free. You generally keep your home as long as you keep up your mortgage. Only a Licensed Insolvency Trustee can file it, and your creditors vote on it. 4 Pillars is not a trustee. We help you prepare and connect you with one. How a consumer proposal works.
Bankruptcy is less common for North Shore homeowners with equity, but it may suit someone with limited income and few assets. Only a Licensed Insolvency Trustee can file it, and B.C. law decides which assets you keep. Learn about bankruptcy.
A consolidation loan can replace several payments with one if your credit is strong, but it doesn’t reduce what you owe. On the North Shore, homeowners are often offered a refinance or a larger home equity line of credit, which moves unsecured debt onto your home, so compare options for homeowners first. Once your debt is under control, we help with credit rebuilding.
Across the water? See our Vancouver and Burnaby pages.
A HELOC registered against your home is a secured debt, so it generally isn’t reduced in a consumer proposal and its payments continue. Unsecured lines of credit and credit cards are different and can usually be included.
You’re not alone in that. Before you file anything, don’t transfer money or property to family to protect it: a trustee can review transfers made before a filing. We’ll help you look at your options and build a budget that protects your own retirement.
Your plan will be based on your average income across good and slow stretches. Tax debt you owe up to the filing can usually be included, but you’ll need to keep your taxes current afterward, because new tax debt isn’t covered.
Yes. Call 250-410-3963 or use the form on this page to book your free consultation by phone.
Our debt restructuring plans are built around your long-term goals, not just your current balances. Every plan is tailored to your situation, so your debt is dealt with as part of a bigger financial picture, not in isolation.
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