4 Pillars or A Licensed Insolvency Trustee: your best option in Ottawa
When you’re living with debt you’re living with stress, every day. Debt is a daily reminder that you have failed yourself, your future, and your family. At least that’s how it feels. Though you’ve tried to rein in your debt it always seems to spiral further out of control. Now you’re at the end of your rope and you start to think Bankruptcy is your only way out. However Bankruptcy is a complicated procedure that may leave you worse off financially. Before considering Bankruptcy or a Consumer Proposal to settle your debt, educate yourself to the pros and cons. And the best place to start is with a 4 Pillars Debt Specialist, your very own debt settlement expert.
4 Pillars Ottawa Debt Consultants work for the YOU the consumer. Trustees Work for your Creditors.
When you’re ready for help, real Debt Help, 4 Pillars Debt Consultants will be there, working on your behalf, finding you the best way to settle your debt in a manner that works best for you. The solution may be a comprehensive debt restructuring plan, it may include debt consolidation, or creating a realistic budget. Regardless, your 4 Pillars Debt Specialist will analyze your particular situation and present the best options for YOU!
If your best option turns out to be Bankruptcy or a Consumer Proposal, there are a few facts you should know.
1) You are legally required to go through a Licensed Insolvency Trustee, formerly known as a Bankruptcy Trustee.
2) A Licensed Insolvency Trustee or LIT is NOT legally required to work in your best interests.
3) The Trustee has several statutory obligations under the Act, none of which is to act as a financial advisor to a consumer struggling with consumer debt.
4) The Trustee is not obligated to help you get the best possible result when making a consumer proposal or filing for bankruptcy.
5) The LIT has a fiduciary duty to your creditors.
That said, there is good news too. Although you are legally required to file through a Trustee, there is nothing preventing you from having an expert of your own to navigate the process, advocate on your behalf, and ensure you get the best possible outcome for your personal situation. In fact when considering a Consumer Proposal or Bankruptcy having an advocate like 4 Pillars will always be to your advantage.
4 Pillars Debt Consultants work for you. There is no conflict of interest with your creditors because 4 Pillars’ priority is to reduce your debt by up to 80 percent. Besides creating an effective Debt Settlement strategy, they will present you with a credit rebuilding plan so you are not left vulnerable for future financial challenges. Plus, they will ensure you are completely debt free within 5 years!
4 Pillars Creates Lasting Solutions
When you’re ready to get real DEBT HELP you’ll discover that your 4 Pillars Debt Specialist is the financial expert who will find the best solution for your financial situation. Because your debt has negatively impacted your credit rating you may find it difficult to move forward financially. Fortunately, 4 Pillars has several programs in place to help repair and rebuild your credit. Since one of the first casualties of debt is your hope for a better financial future, your 4 Pillars debt specialist will not only restore that hope, but you’ll walk away with the tools and confidence to create that brighter future.
If you’re unsure of your debt situation or how to proceed, 4 Pillars offers an online Debt Bootcamp. Sign up for free at 4Pillars.ca. 4 Pillars Debt Consultants also offer a comprehensive After Care Program ensuring you are a valued client for life. It’s a fact, over 97% of 4 Pillars clientele have successfully completed their debt restructuring plans making 4 Pillars an industry leader in Canada. The 4 Pillar’s After Care Program has become so popular that 4 Pillars competitors have sent their clients to 4 Pillars to ensure they have the tools to not only stay out of debt, but they are able to reach their financial goals.
4 Pillars Culture of Caring
4 Pillars has helped thousands of Canadians see their way out of debt. With a little tenacity and persistence, our Debt Specialist in Barrie Ontario was able to help a young family avoid bankruptcy and reduce their debt from $120,000 to $19,500.
A young Ontario family approached 4 Pillars looking for help with their debt. They’d been to a Trustee in Toronto who told them they could only reduce their debt to $81,000 leaving them with a monthly payment of $1350. This amount was still more than they could afford and they feared they would soon lose everything. The 4 Pillars Debt Specialist knew there were better options for this hard working family and she set out to reduce their debt even further. Through perseverance she negotiated with the bankruptcy trustees to structure a Consumer Proposal this young family could afford; taking their monthly payments from a staggering $3500 a month to an affordable $350 a month over the next 60 months!
Hi, I’m Shawn Frank , your 4 Pillars Debt Specialist in Ottawa. Over the next two installments I’ll explain the approach credit counsellors and trustees take with your debt and then I’ll let you peer into your future – your debt free future!
To learn more about debt settlement or if you have any concerns about your own debt situation, call me today to set up your free initial consultation. Call (613) 515-0161.
4 Pillars Debt Solutions. Visit us at 4Pillars.ca
