What is a Personally Guaranteed Loan? A personally guaranteed loan is a type of loan where an individual guarantees repayment, typically with their personal assets, even if the loan is taken out for a business. This means that if the business defaults, the lender can go after the guarantor’s personal assets, like their home or … Continue reading When You Can’t Pay Off a Personally Guaranteed Business Loan
With overly complex language and a lack of early education, it’s no surprise that so many Canadians are financially illiterate and struggling with debt. Navigating Canada’s debt industry is already difficult for Canadian-born debtors, let alone immigrants living in Canada for the first time. That’s why we’ve created this article specifically for Canadian immigrants who … Continue reading Debt Relief Options for Canadian Immigrants: A Full Guide
What government approved debt relief programs are there in Ontario and how can they help you pay off your debts? The short answer is…there’s very few. But what is there can be really effective for reducing your debts and making repayment possible. Nevertheless, they don’t come without drawbacks. In this article, we will explore what … Continue reading Is there a Government Approved Debt Relief Program in Ontario?
Here’s a breakdown of the 10 best debt relief companies in Canada using review data available on the independent site Trustpilot. About the author: Paul Murphy is a debt and credit rebuilding expert at 4 Pillars. 4 Pillars Financial Wellness is the largest independent debtor advocacy firm in Canada focusing on financial education and financial … Continue reading The 10 Best Debt Relief Companies in Canada (2025 Update)
I think you’ll really agree with me when I say that the debt industry is really confusing, especially when it comes to consumer proposal vs. bankruptcy. You have credit counselling societies, bankruptcy trustees, debt settlement firms, consolidation loans, consumer proposals, and a lot of different views on how you should deal with your debt. The … Continue reading Consumer Proposal vs Bankruptcy – How to Choose Wisely in 2025
"The stress and worries are over. We are living again."
Actual client testimonial. Name removed to protect privacy.
