Consumer Proposal Testimonial For this month’s blog post, I would like to share with you a testimonial from Jeanette who came for help in our Red Deer office and we helped her structure a consumer proposal: “We came in with no expectations and not sure what a consumer proposal was. The 4 Pillars team were...Continue reading
Things You Probably Don’t Know about Bankruptcy in B.C. Part 1 Laws and procedures revolving around bankruptcy are generally the same everywhere in Canada, but some details change depending on where you live and your individual circumstances. This is why everyone considering bankruptcy always must consult a professional financial advisor before proceeding. Some details about...Continue reading
Top 6 Phrases I Learned During My Consumer Proposal (written by a 4 Pillars client) When I first started looking for financial advice, I didn’t expect to learn another language. The vocabulary of financial and legal proceedings is thick with jargon, technical terms, complex legalese, and self-reflection. Here are a few key phrases that I...Continue reading
Another Kamloops Debt Story—March 2016 Diane was at her wits’ end. She and her teenage daughter had been managing on her very limited income, but it was getting tougher and tougher. She was quite frugal, but had relied on a couple of credit cards to keep the two of them going when her ex-husband fell...Continue reading
Debt Refreshments: Don’t Drink the Kool-Aid Everybody has a spin, and angle, an agenda they want you to fill. Corporations draw their employees in with team building exercises and big Rah Rah moments. Sure this is great for moral, temporarily. But if the cause of your company’s dysfunction goes deeper than that, sugar coating...Continue reading
From Lemons to Lemonade to Debt Relief: a refreshingly tart tale. When life gives you lemons you can make lemonade, turn that lemonade into a small business and sell your lemonade by the glass. You can then expand that business by adding lemon tarts and lemon squares, lemon cookies and lemon loaf. Next thing...Continue reading
What happens when a person files for Bankruptcy? If you have a large amount of debt that is too much to bear, you may be considering filing for bankruptcy. Many people do not understand what is all involved in a bankruptcy so I wanted to take a few minutes today to give you a brief...Continue reading
Ashamed of your debt? 4 steps to get your life back on track! One of the most frequent comments I hear from people who come into my office is how embarrassed they are that they ever got into their debt situation. That no matter how hard they tried to make their payments their balances never...Continue reading
Is Bankruptcy the Only Option? In recent months and years our Canadian economy has taken a downward spiral. Just a few years ago it seemed that we had it made. There were more jobs than workers and the money was flowing in. It was easy to qualify to buy houses, trucks and toys and so...Continue reading
5 Ways to Avoid Bankruptcy Everyone makes mistakes with money sooner or later. The best we can do is try to mitigate our bad decisions and solve financial problems before they spiral out of control. Here are a few easy, pragmatic, and straightforward steps to fixing your financial worries, controlling your debts, and avoiding bankruptcy....Continue reading
