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

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

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

Today’s post comes from our Ottawa debt consolidation expert, Shawn Frank . You can find out more about how Shawn Frank helps families and businesses in Ottawa get out of debt here.   I’m going to talk about a condition that I see a lot with families. It’s the treadmill of debt, a cycle of...Continue reading

  This article is by Paul Murphy, our Managing Partner with 15+ years of investment and banking industry experience. If you’d like advice about your particular situation, reach out here.  How Debt Restructuring Works in Canada In simple terms, debt restructuring is a proposal made to your creditors where you offer to repay the debt on different terms than...Continue reading

If you are tired of the standard debt advice (cut expenses; live like a monk), you’re in luck . . . . . .because today I’m going to share a huge practical list of the absolute best ways to get out of debt.  I’ve worked in the financial world for 20+ years and my company...Continue reading

Many people I meet ask the question: “why not just visit a Trustee in Bankruptcy or a Credit Counsellor by myself?” At 4 Pillars, we take the view that when in the debt advisory business you either act for the creditor, or act for the debtor. It’s impossible to give good sound advice to both...Continue reading