4 Pillars or A Licensed Insolvency Trustee: your best option in Victoria
When you find yourself buried under debt, unable to find your way out, you may start to believe you have no choice but to declare bankruptcy. But bankruptcy may not be the debt solution you’ve been lead to believe. The more you try to find the truth the more misinformation is sent your way. So, who can you trust to work on your behalf to create the best financial solution for your particular situation; a solution that doesn’t leave you feel … bankrupt.
4 Pillars Victoria Debt Consultants work for the YOU the consumer. Trustees Work for your Creditors.
When filing for Bankruptcy or a Consumer Proposal you are legally required to go through a Licensed Insolvency Trustee. Formerly known as a Bankruptcy Trustee, a Licensed Insolvency Trustee or LIT is NOT legally required to work in your best interests. In fact, the Trustee you are entrusting with your financial life has several statutory obligations under the Act, none of which is to act as a financial adviser to a consumer struggling with consumer debt. Nor are they obligated to help you get the best possible result when making a consumer proposal or filing for bankruptcy. Plus, they have a fiduciary duty to your creditors. How’s that for adding salt to your wounds. 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.
When it’s time to do your taxes do you lets the folks at the Canadian Revenue Agency crunch your numbers to come up with an amount you’ll be getting back, or most likely NOT getting back? Of course not. It’s not in the CRA’s best interest to look for every possible tax savings on your return. That’s why you hire an accountant or a company that specializes in maximizing your tax return.
Just as a tax professional can get you the best return having an advocate by your side when considering a Consumer Proposal or Bankruptcy will also work to your advantage. 4 Pillars Debt Consultants work for you and only you. There is no conflict of interest. 4 Pillars’ priority is to reduce your debt by up to 80 percent. They will work with you on a comprehensive credit rebuilding plan so you are not left vulnerable for future financial challenges, they will see you debt free within 5 years, and they will get you there with compassion, and understanding.
4 Pillars Creates Lasting Solutions
A 4 Pillars Debt Specialist is a financial expert who works to create the best solution for your financial situation. Because your debt has all but destroyed your credit rating you may find it difficult to move beyond that debt. Even the used car dealer that promises loans to everyone with bad credit won’t give you a second look, and if they do you’d better read the fine print.
4 Pillars has several programs in place to help you rebuild you credit score, quickly and effectively. They will help you create a realistic budget that lets you plan for your future. One of the first casualties of debt is hope, your hope for a brighter financial future. A meeting with a 4 Pillars debt specialist will not only restore that hope, but they’ll give you the tools and confidence to make that brighter future your reality.
If you’re unsure of your debt situation or how to proceed, 4 Pillars free online Debt Bootcamp can help educate you. 4 Pillars also offers 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. 4 Pillar’s After Care Program is so successful that competing companies have been sending 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 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!
Hello, I’m Benjy Houser, your 4 Pillars Debt Specialist in Victoria, BC. Over the next two installments I’ll explain the approach credit counsellors and trustees take with your debt and I’ll also show you what your debt free future could look like.
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. (250) 882-5556.
4 Pillars Debt Solutions. You can also visit us at 4Pillars.ca
