Naughty or Nice? No need to be Scrooge but have a Christmas Budget? 1. Determine how much money you can realistically spend (make a budget) 2. Make a Christmas present list and assign $ value…example: Children = $100, Friends = $20, Decorations = $100 Food = $200 3. DON’T SPEND MONEY YOU DON’T HAVE 4....Continue reading
“Nothing good had happened to me for months until the pair from 4 Pillars came into my life. One of the first things they said to me after reviewing my financials was that I should not go bankrupt and I wasn’t going to lose my condo.” The debt situation Ryan, age 50, (name changed for...Continue reading
If you are new here, the guides and articles below will help you quickly understand your options and give you a clear direction out of debt. Debt is hell. But it does get better. Right now, it looks bleak. You’re under terrible stress and everything you’ve worked hard for is being swallowed by debt. I’ve...Continue reading
If you take some time to browse www.4pillars.ca you will notice that we proudly claim to possess a 97% success rate with all our restructuring programs. This number isn’t an accident. It’s the result of a commitment and concerted effort to counter the average success rate within the debt restructuring industry which unfortunately rests at...Continue reading
Despite what you may have heard, there are a lot more proven and legal ways to reduce large amounts of debt than simply filing bankruptcy. In fact, our analysis of over 3000 Canadian families struggling with high levels of household debt (average of $51, 394 household debt with 9 creditors) shows that while many Canadians first...Continue reading
The benefits of home ownership There is no better feeling in the world, as a homeowner to see the value of your property going up in value each year. Seeing neighbours sell their property at ever increasing prices creates a sense of empowerment. A desire to spend and spend big as the value of your...Continue reading
Most Canadians when faced with hard to manage debt issues will visit the internet seeking a solution to their problems. What they’ll find is a confusing array of messaging that all sounds similar – promising to reduce debt, start fresh, become free of debt sooner etc… What you need to know is the majority of...Continue reading
According to the most recent data from the Bank of Canada, the average debt held by Canadians, excluding mortgages, is $20,759. While that paints a broad picture of household debt in Canada, we analyzed data from the 3,000 Canadian households we helped this year. These families and individuals represent nationwide coverage from our 50+ debt...Continue reading
This article is written by Paul Murphy, a 20 year veteran of the financial services industry and all-around knowledgeable guy. Debt is a common battle for millions of Canadians and you probably understand the causes and ways out, right? In some ways, debt and personal finance is really simple. But things often get complicated when...Continue reading
When it comes to actually filing bankruptcy in Canada, it’s confusing for a lot of Canadians. Who do you contact? Where do you start? This is your guide to simplify bankruptcy and help you know where to start. We’ve helped thousands of Canadians deal with millions and millions of dollars in debt. But as researching this...Continue reading
