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 How to Stop Wage Garnishment After It Starts in Canada
20-year financial veteran Paul Murphy shows how to rebuild your credit in Canada, the mechanics of how credit ratings are calculated, and why missing a payment or two isn’t as large a factor in credit ratings as you might think. Today, I want to answer one of the biggest questions we get: how to rebuild my … Continue reading How to Rebuild Your Credit in Canada with 12 Little-Known Actions (2025 Update)
Here’s a breakdown of the 10 best debt relief companies in Canada using review data available on the independent site Trustpilot. About the author: Paul Murphy is a debt and credit rebuilding expert at 4 Pillars. 4 Pillars Financial Wellness is the largest independent debtor advocacy firm in Canada focusing on financial education and financial … Continue reading The 10 Best Debt Relief Companies in Canada (2025 Update)
This article is by Paul Murphy, our VP and financial literacy expert with 15+ years of investment and banking industry experience. If you’ve ever floated a balance on a credit card, you’ve likely asked yourself: how does credit card interest work in Canada?
If your debts are too high for you to pay off, a consumer proposal may be a vital avenue to starting a debt-free life — however, many are cautious about starting a consumer proposal when their debts are co-signed. Can you start a consumer proposal if the debt is co-signed? Will the co-signer be forgiven … Continue reading Can I Start a Consumer Proposal If My Debt is Co-Signed?
"The stress and worries are over. We are living again."
Actual client testimonial. Name removed to protect privacy.
