To help better serve those facing financial challenges, 4 Pillars will never charge a debt advisory fee or any upfront fees.
Fees should never be a barrier for people to get the help they truly need. We want the best solution for consumers to build a stronger financial recovery.
Our role is an advocate for the debtor, placing their needs first and foremost, focused above all else on finding the most effective solutions to deal with their debt.
Why is financial support and rebuilding credit so important?
With proper support, a person can recover from their first insolvency, but a second insolvency is both financially and mentally devastating. It is anticipated that a whopping 24% of Canadians filing under the Bankruptcy and Insolvency Act (BIA) each year will be doing so for a second time within a 10 year period. Due to the ongoing financial education and rehabilitation programs provided, less than 2% of 4 Pillars clients face a second insolvency.
All 4 Pillars clients have a strong desire to move from financial crisis to wealth creation; many of whom can fulfill their dreams of homeownership and overall financial security. But first, we must support them through the challenging transition period.
Credit history has a significant influence on the livelihood and well-being of individuals. Ensuring accurate information on your credit reports is crucial to our client’s success. This is especially important when personal bankruptcy or a consumer proposal is part of their credit profile.
4 Pillars advocates for the debtor—not the creditor. We’re one of the only companies in the debt industry with this approach to educate debtors on all options to resolving financial crisis so they can make informed decisions.