All information provided in this article is sourced from publicly available materials and is intended for general educational purposes only. It does not constitute legal advice. 4 Pillars is a debt advocacy firm and is not a law firm. For legal advice specific to your situation, please consult a qualified lawyer in your jurisdiction. Getting...Continue reading
Facing wage garnishment is a stressful and overwhelming experience, adding strain and uncertainty to your already difficult financial situation. In Canada, creditors have the legal authority to garnish wages to recover unpaid debts. This means a set amount of money will be taken out of your paycheque and given to creditors each payday. If you’re...Continue reading
Your Survival plan – When your payments exceed your income. Let’s not beat around the bush, these are scary and stressful times. Remaining physically healthy is the priority — and thankfully, most of us seem to be achieving that. However, very few of us can say our current or future financial situation is a healthy...Continue reading
There are many reasons that achieving and maintaining a good credit score is important. If your credit score has dropped as a result of struggling with debt or filing a consumer proposal or a bankruptcy, you’ll quickly realize the limitations it places on you. While 4 Pillars Debt Solutions of Muskoka & Parry Sound assists...Continue reading
If your credit score has fallen as a result of financial difficulties or filing a consumer proposal or a bankruptcy, you’ll quickly realize the limitations poor credit can impose. In addition to assisting clients with the immediate challenge of debt restructuring, 4 Pillars Debt Solutions of Sudbury can also help clients rebuild credit with a...Continue reading
Stop cashing out investments to solve debt! There are reasons why RSP’s, insurance policies, equity in the home, among other items are exempt from being liquidated in the event of an insolvency. In an effort to keep this blog post at a reasonable length, I won’t go into detail about our highly leveraged financial system. In...Continue reading
At 4 Pillars Victoria I have helped hundreds of people become debt free. In my experience if you are living in overdraft it is one of the telltale warning signs that you may have a problem with the amount of debt you are carrying and that your debt load may be becoming unmanageable. Living in...Continue reading
There are reasons why RSP’s, insurance policies, equity in the home, among other items are exempt from being liquidated in the event of an insolvency. In an effort to keep this blog post at a reasonable length, I won’t go into detail about our highly leveraged financial system. In saying that, suffice it to say,...Continue reading
How do your friends manage their money? Maybe you don’t know the answer to that question. A lot of people don’t want to talk about money concepts or spending habits with friends. I am not saying that we should be getting professional advice from unqualified people. However, gone are the days of community and true...Continue reading
Hey Shoppers… NO, not all “Debt Help” companies are the same! If you are truly shopping around to find out who or what company is the most qualified to assist you in becoming debt free, don’t fall for sales gimmicks. Don’t succumb to high pressure tactics. Why trust companies that bash other companies in order...Continue reading
