Looking out for Number One or looking after your interests?  We live in a cynical world.  There’s no such thing as a ‘free’ lunch, the flirty waitress is working for tips, and the friend who just praised you to the heavens is probably going to ask for a favor.  Though age and experience has left...Continue reading

WHAT IS DEBT RESTRUCTURING? Your credit-card debt has piled up, the cards are maxed out, perhaps you’ve borrowed money to pay off bills, maybe you’ve gone to the limit on a line of credit and your household debt is completely out of control. You’ve decided it’s time to stop the spiral of debt consuming most...Continue reading

When Settling is NOT a bad thing. There comes a time in everyone’s life when you consider lowering your standards and settling for what’s in front you.  Though not recommended for dating, when it comes to your personal debt, sometimes SETTLING is the beginning to your ‘happily ever after’. Flirting with Disaster As your debt...Continue reading

Debt Help – It’s not a game of chance. Is that a winning lottery ticket burning a hole in your pocket?  No it’s not.  So another jackpot has come and gone, you’re still in debt and someone else is claiming your prize.  Maybe it’s time to change games.  Perhaps you should take a chance on...Continue reading

Debt Restructuring Myths vs Facts Recently I have met a number of people who have been hesitant to file a consumer proposal because they have done their own research and are scared of the process.  There is a plethora of information available on the internet however deciphering fact from fiction can be quite a significant...Continue reading

Must your credit rating be protected at ALL costs? We live in a society of credit. Don’t agree, try renting a car, checking into a hotel or making an on-line purchase without a credit card. Banks almost force us to use credit because they know a large percent of people will not pay the account in...Continue reading

Lottery odds – 7/7 numbers – 1 in 28,633,528 Feeling overwhelmed! DEBT can also have that same overwhelming feeling! Countless reasons why Canadians experience overwhelming debt: Divorce Illness Unemployment Economic downturn – Business failure It has been my experience that 1 in 5 is living the life of what I called uncontrolled debt. Every second week...Continue reading

How Working in the Best Interests of the Debtor Produced a Debt Consolidation for the Ages In January 2014 I met with a gentleman who I immediately realized was extremely cheerful by nature. I don’t want to use his real name, so let’s call him Jerry. It’s a good thing Jerry was naturally cheerful as...Continue reading

Debt is a continuously growing problem for households in Canada today, putting the economy at risk. To do our part, our debt counselling company, 4Pillars, seeks to end debt through a different approach to help those still struggling with it. Our services are specifically aimed at addressing the debtor’s needs in over the creditor’s unlike some...Continue reading

When we think about filing bankruptcy, we often think that we will be in the hands of the court and protected from your creditors. In some ways this is true, but you will actually have to pay fees to the Bankruptcy Trustee and just because you are paying their fees, this does not mean they...Continue reading