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

In 2014, I met a Kitchener resident who was facing such terrible financial difficulties that they were considering filing a bankruptcy through a trustee. The individual was highly educated but had recently become unemployed after buying a new home. She also had an older unreliable vehicle that was costing more to fix than what it...Continue reading

This article is by Trevor Glasser, a debt consolidation expert in Oshawa, Ontario.  Trevor Glasser has over 7 years of experience helping Oshawa families and businesses get out of debt. Many consumers struggle with trying to figure out if they are in trouble or not. How do you objectively determine what your financial health is...Continue reading