Tis the Season- Debt and Taxes! You know the old saying about Death and Taxes being the only things you can’t avoid. Well that was true, a hundred years ago, but we’ve made some amazing advancements in medical science. Sadly the way we deal with debt is still prehistoric. Charitable Contributions Imagine the tax savings...Continue reading
How to Avoid Bankruptcy by Filing a Consumer Proposal The following is a case study of a client who came to our office recently. She was seeking help with her financial situation. Amanda Murray (not her real name) initially considered bankruptcy as her only option. Her numerous debts were causing considerable stress and anxiety, and...Continue reading
How Important Is It To Pay Off My Credit Card Balance Every Month? Very important!! This is a very complex consideration that many consumers are not aware of. My goal is to explain to you what happens when you make purchases on a credit card and what happens in regards to interest when you carry...Continue reading
4 Pillars Consulting has partnered with The Phoenix Fund because it provides our clients with a better option for dealing with their debt and rebuilding their credit. The Phoenix Fund is a loan product that is available exclusively to clients of 4 Pillars. Through the Phoenix Fund, you borrow the funds required to payout your...Continue reading
Beware of Debt Consolidation Mortgages Debt Consolidation is a term that usually describes the process of obtaining a new mortgage to pay off all of your unsecured debts, with a new payment being buried in a new mortgage. This solution works when an individual or family has accumulated equity in their home that is substantially...Continue reading
Benjy from our 4 Pillars Victoria office posted a helpful article that shows how to evaluate debt consultants. You read that article which includes reviews for 4 Pillars here. If you live in Victoria, drop by Benjy’s office (pictured below). The address is 2311 Watkiss Way, #103, Victoria, BC, V9B 6J6. (250) 882-5556 Here are the questions...Continue reading
WHAT IS HOLDING YOU BACK FROM GETTING FINANCIAL HELP? FEAR Unfortunately, this is one of the main reasons that someone experiencing financial difficulty, continues to struggle for years before seeking help. Fear of what will happen to them personally. Fear of losing everything they own, especially their home. If you are indeed struggling financially and...Continue reading
Debt Consolidation vs. Debt Settlement I am often contacted by clients wanting to know the difference between Debt Consolidation and Debt Settlement/Debt Restructuring. In today’s column, we will explore the difference between the two: Debt Consolidation can often be an excellent way for a person, carrying too much unsecured debt, i.e., credit cards, lines of...Continue reading
Bankruptcy Trustees: Know your friends There’s an old saying that you don’t really know who your friends are until you need them. When you’re experiencing financial difficulties it’s easy to see who your real friends are… they’re the ones still taking your calls! Now these friends will want to help, offering sage advice on how...Continue reading
Debt Settlement – Waking from the Nightmare You know that dream where you’re on the run, trying to escape some evil, faceless, force that is trying to destroy you. But wherever you hide, it’s close behind and just off in the distance you see your family pleading with you to save them. As you...Continue reading
