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.
Most people don’t spend much time thinking about debt options until they need them. That’s why we start by explaining what’s available and how each option works, in plain language.
We work for you, the person in debt, not your creditors. Our role is to explain every option that could apply to you, including the ones that don’t involve us, and help you choose with a clear view of the costs and trade-offs.
Working with us involves three steps:
From Agincourt, Malvern and Milliken to Wexford, Woburn, Birch Cliff, Cliffside, Guildwood, West Hill and Highland Creek, Scarborough families are dealing with GTA rents, mortgage renewals and long commutes on the 401 and the subway. Many work in health care, retail, logistics or their own small businesses in local plazas; others are students at U of T Scarborough or Centennial College, or newcomers supporting family here and abroad. 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. Your first consultation is free and confidential. See all of our services.
If you can manage a regular payment but not your full unsecured balances, a consumer proposal lets you offer creditors part of what you owe over up to five years, with no interest, and you generally keep your assets. 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.
For someone with limited income and few assets, bankruptcy may be the more realistic option. 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 before you meet a trustee. Learn about bankruptcy.
If your credit is still good, a consolidation loan can combine several payments into one, but it doesn’t reduce what you owe. Refinancing your home moves unsecured debt onto your property, so compare options for homeowners first. Once your debt is under control, we help with credit rebuilding.
Elsewhere in the east GTA? See our Markham and Ajax–Pickering pages.
A personal guarantee makes you responsible for the debt if the business can’t pay. That liability can usually be dealt with in your own consumer proposal or bankruptcy, along with your personal debts.
A Licensed Insolvency Trustee is federally licensed and supervised by the Office of the Superintendent of Bankruptcy. Trustees file and administer consumer proposals and bankruptcies and have duties to both you and your creditors. Their fees in a consumer proposal are set by federal rules and paid out of your proposal payments.
Yes. Call 250-410-3963 or use the form on this page to book your free consultation by phone.
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