I recently heard one particular Bankruptcy Trustee, now known as Licensed Insolvency Trustee(LIT), advertise free financial advice. What does that mean? Does it mean a free one hour consultation? Or could it be they will file a consumer proposal or a bankruptcy for you and you don’t pay them any fees? Whatever it means, nothing...Continue reading
So, you’ve got some debts, and your attempts to solve the problems on your own haven’t worked out. You’re either a renter, or the house you own doesn’t have enough equity in it to refinance and come up with enough money to pay the debt off. Any assets you could sell wouldn’t put much of...Continue reading
Isn’t it time to finally be done with the stress, headaches, and pain of living in debt? Isn’t it time to finally give your debt the eviction notice it deserves? 4 Pillars has been helping Canadians since 2002 and in that time we have helped tens of thousands of Canadians get out of debt. Our...Continue reading
Stop cashing out investments to solve debt! There are reasons why RSP’s, insurance policies, equity in the home, among other items are exempt from being liquidated in the event of an insolvency. In an effort to keep this blog post at a reasonable length, I won’t go into detail about our highly leveraged financial system. In...Continue reading
A Matter of Life and Debt When sorting through your finances, figuring out what you have and what you owe, it really is a matter of life and debt. Often the debt column leaches into life column in ways you never expected. In fact, if you added a third column, a quality of life column,...Continue reading
Debt Relief: Is it Attainable? Is debt relief really attainable? In a word, YES! It’s finding the right road to debt relief that can be tricky. Take one wrong turn or just one ill-advised detour, and you could find yourself right back where you started, or worse, deeper in debt and at risk of losing...Continue reading
Deadlines versus Debt Lines To quote Douglas Adams: “I LOVE Deadlines! I Love the whooshing sound they make as they fly by!” We’ve all made deadlines for ourselves. By the age of 25 you were going to be travelling the world. By 35 you were going to have your first novel published. By 45 you,...Continue reading
Living with Debt in a House of Cards Before the internet and video games kids did the craziest thing to pass the time. They built stuff. Stuff like impenetrable forts out of blankets and pillows and couch cushions. When your mother banished you from the living room you took your building endeavors outside, creating strongholds...Continue reading
Summer Blockbusters: Explosions and Debt When you were a kid there was nothing quite like spending a hot summer day sitting in an air conditioned theatre escaping into the adventure playing out on the big screen. Just you, a tub of popcorn, a drink that was almost as big as you, and some candy just...Continue reading
Travelling with Debt: Are We There Yet? When we were kids, the family car trip was a mandatory summer ritual filled with AM Radio, car games like Eye Spy, and squabbling children. You had to get used to the hot summer breeze blowing around the back seat because your dad refused to turn on the...Continue reading
