What’s the Difference Between Being in Debt and Financial Crisis? Virtually every adult Canadian is in debt. That is not necessarily a bad thing. We have debt for mortgages, cars, student loans, etc. We would not have our house without the mortgage, the car without the loan or the education without the student loan. It...Continue reading
Five Steps to Get Out of Debt Make a Budget You need to understand where your money comes from, how you use it when you have it and finally, where it goes. A monthly budget will help you organize your expenses and perhaps recognize where you can save some extra money and put an end...Continue reading
Why Consumers Need Credit The abuse of credit cards in society today is sadly widespread and misunderstood. The problems that develop from keeping up with just the minimum payments leads to significant anguish in a relatively short period of time. There are however tremendous benefits that can be derived from the intelligent use of credit...Continue reading
LET’S DISCUSS DEBT RESTRUCTURING You’ve stretched your credit cards to the absolute limit, you’ve borrowed money time and again to pay off bill after bill, and perhaps you’ve gone to the wall on a line of credit. In short your household debt is completely out of your control. Your money is in charge of you,...Continue reading
The debt system in Canada is broken. The industry knows it. But things are getting better for Canadians dealing with large amounts of debt. The insolvency industry may not have realized it yet, but is going through a shake-up and how consumers deal with debt is changing for the better. The current debt system in...Continue reading
Shortly after completing their training one of our new offices asked me: “what does ‘clients for life’ really mean? Isn’t our entire service designed so that they don’t become repeat clients? That they get out of debt and never face further financial challenges again?” I thought this was a great question and if one of...Continue reading
Debt Settlement: A Permanent Vacation from your Debt All summer long you’ve listened to friends tell you about their fabulous vacations. They’ve blogged about grand adventures, posted pictures of amazing escapades, and regaled you with humorous antidotes about that time they did that thing. And when they get around to asking about your summer, you...Continue reading
Personal Debt: The house guest who won’t leave You’ve tried to be polite. You’ve dropped subtle hints. You’ve even short sheeted the bed in the guest room. But still, you’re stuck with a guest who refuses to leave. A once welcome friend or family member who now eats all your food, runs up your phone...Continue reading
Why High Credit Card Debt should be Restructured Urgently Many Canadians struggle with credit card debt each year and often do not act quickly enough to restructure this debt and avoid financial disaster. Why is credit card debt so financially crippling? It`s all down to the interest and how it is calculated. Most people are...Continue reading
The 4 Pillars Franchise Outlook The financial forecast for Canadian families looks positive this year with a good chance of debt relief. As the burden of personal debt spreads across the country so does help to reduce that debt in the form of 4 Pillars Debt Solutions. For 10 years 4 Pillars Debt Solutions has been...Continue reading
