4 Pillars or A Licensed Insolvency Trustee: your best option in Burnaby
If you are struggling under the weight of your debt you know the negative impact it has on your life. All your disposable incomes goes toward your debt, your cash flow is restricted and your savings are depleted. Carry that debt with you long enough and you’ll see its effect on your mental and physical health. Canadians have a lot of options when it comes to dealing with their debt. So you have to ask yourself ‘who can you trust to work on your behalf and guide you through the debt maze?’ Who has the expertise to focus on your best interests, to see you through this stressful time and help you rebuild your credit and your financial future? Whether your only option is Bankruptcy or a Consumer Proposal, it’s time to find out who is really on your side?
4 Pillars Debt Burnaby Consultants work for the YOU the consumer. Trustees Work for your Creditors.
To file for Bankruptcy or a Consumer Proposal you are legally required to go through a Licensed Insolvency Trustee formerly known as a Bankruptcy Trustee. This trustee will file and administer a Bankruptcy or Consumer proposal. However, the Trustee is NOT legally required to work in your best interests. In fact, the Trustee has several statutory obligations under the Act, none of which is to act as a financial advisor to a consumer struggling with consumer debt. Nor are they obligated to help a consumer get the best possible result when making a consumer proposal or a bankruptcy. Plus, the Trustee has a fiduciary duty to your creditors, not you. Though you are legally required to file through a trustee, it is within your right to have an expert of your own to navigate the process, advocate on your behalf, and ensure you get the best possible outcome for your personal situation.
If you are being taken to court legally you can represent yourself. However, if you are not a practicing attorney, it’s not advisable. And it’s certainly not in your best interest. If you’re trying to save a few pennies on court costs don’t ask the other guy’s lawyer represent you as well. To avoid any conflict of interest and to ensure you are getting the best representation, you hire your own lawyer. Now everyone’s legal interests are being taken care of. So, if you are filing for Bankruptcy or a Consumer Proposal, you get the best results when you have your own advocate leading you through the process.
4 Pillars Debt Consultants work for you and only you. There is no conflict of interest. Their priority is to reduce your debt by up to 80 percent, work with you on a comprehensive credit rebuilding plan so you are not left vulnerable for future financial challenges and see you are debt free within 5 years. And they do with compassion, and understanding.
4 Pillars Creates Lasting Solutions
Your 4 Pillars Debt Specialist is a financial expert who will work to create the best solution for your financial situation. Since your credit rating has probably been damaged you may find it difficult to move beyond your debt. 4 Pillars has programs in place to help you rebuild you credit score, quickly and effectively. They will help you create a realistic budget that lets you plan for your future. If you’re unsure of your debt situation or how to proceed, 4 Pillars free online Debt Bootcamp helps educate you. Because 4 Pillars offers a comprehensive After Care Program quickly become a valued client for life, armed with the tools to stay out of debt and grow your financial future.
4 Pillars has been helping Canadians reduce their debt since 2002. In fact over 97% of their clients have successfully completed their debt restructuring plans making 4 Pillars an industry leader in Canada. 4 Pillar’s After Care Program is so successful that competing companies have been sending their clients to 4 Pillars to ensure they have the tools to not only stay out of debt, but they are able to reach their financial goals.
4 Pillars Culture of Caring
4 Pillars has helped thousands of Canadians see their way out of debt. With a little tenacity and persistence, our Debt Specialist in Barrie Ontario was able to help a young family avoid bankruptcy and reduce their debt from $120,000 to $19,500.
The young family approached 4 Pillars looking for help with their debt. They’d been to a Trustee in Toronto who told them they could only reduce their debt to $81,000 leaving them with a monthly payment of $1350. This amount was still more than they could afford and they feared they would soon lose everything. The 4 Pillars Debt Specialist knew there were better options for this hard working family and she set out to reduce their debt even further. Through perseverance she negotiated with the bankruptcy trustees to structure a Consumer Proposal this young family could afford; taking their monthly payments from a staggering $3500 a month to an affordable $350 a month over the next 60 months!
I’m Gurinder Dhaliwal, your 4 Pillars Debt Specialist in Burnaby Coquitlam and New Westminster! Over the next two installments I’ll be explaining the approach that credit counselors and trustees take with your debt. I’ll also give you a glimpse into your debt free future. Spoiler alert, it looks pretty good!
To learn more about debt settlement or if you have any concerns about your own debt situation, call me today to set up your free initial consultation. (778) 340-4002.
4 Pillars Debt Solutions. Visit us at 4Pillars.ca
