We help to reduce your debt by up to 80% and get you back on track. Up to 97% of families successfully complete the plans we create and become debt free.
From downtown and Sydenham Ward to Williamsville, Portsmouth Village, Cataraqui North, Bayridge and Barriefield, and out to Amherstview, Gananoque and Wolfe Island, Kingston households balance high rents in a university town, mortgage renewals at higher rates, and incomes tied to the school year, a military posting or a shift schedule. When debt starts to take over, 4 Pillars helps Kingston residents understand every option and choose a plan that fits.
Your first consultation is free and confidential, and you can start by phone or video.
We hear from Queen’s University and St. Lawrence College staff and students, CFB Kingston and Royal Military College families, nurses and support staff at Kingston General, Hotel Dieu and Providence Care, federal employees, and people working in downtown restaurants, shops and tourism. Some are carrying credit cards and a line of credit alongside rent near campus; others took on a car loan or renovation debt and then faced a bigger mortgage payment at renewal. We start with your real numbers, then explain which options fit, from a tighter budget and money coaching and a debt management plan to a formal solution through a Licensed Insolvency Trustee. See all of our services.
When your paycheque covers a steady payment but not the full balance of your unsecured debts, a consumer proposal is usually the first formal option worth comparing. You offer creditors part of what you owe over up to five years, with no interest, and you generally keep your assets, including your home as long as you keep up the mortgage. Only a Licensed Insolvency Trustee can file it, and your creditors vote on it. 4 Pillars is not a trustee. We help you prepare and connect you with one. How a consumer proposal works.
If your income has dropped for the long term and you own little, bankruptcy may be the more realistic route. Only a Licensed Insolvency Trustee can file it, and Ontario law decides which assets you keep. We’ll go through what it would mean for you, including whether you’d have surplus income payments, before you meet a trustee. Learn about bankruptcy.
A consolidation loan can turn several payments into one if your credit is still good, but it doesn’t reduce what you owe. Refinancing or a home equity line of credit moves unsecured debt onto your house, so compare options for homeowners first. Once your debt is under control, we help with credit rebuilding.
Most clients start by phone or video, so you don’t need to drive in from Amherstview, Odessa, Sydenham, Verona, Gananoque or Wolfe Island to get help. Elsewhere in eastern Ontario? See our Belleville and Ottawa pages.
Generally, no. Your employer isn’t notified when a trustee files a consumer proposal or bankruptcy. The main exception is a wage garnishment: if one is in place, your employer is told so it can stop. A trustee will confirm what applies to you.
Usually, yes. A student line of credit from a bank is generally treated like other unsecured debt. Government student loans such as OSAP are different: they generally can’t be discharged until seven years after you’ve finished school. If you’re still studying, a budget plan may be the better first step.
Start before the renewal date. We’ll compare your budget against the new payment and look at whether your unsecured debts are the real pressure. A consumer proposal can deal with credit cards and loans while you keep paying your mortgage, and a debt management plan or budget changes may be enough if the problem is newer.
Yes. Call 250-410-3963 or use the form on this page to book your free consultation by phone or video.
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