4 Pillars or A Licensed Insolvency Trustee: your best option in the West Kootenays
Debt. It is the original 4 letter word. And like most profanity the more you hear it, the less it shocks you. And like other, more popular, 4 letter words it can easily infiltrate your vocabulary until you don’t notice it at all. Unlike those other salty words that can get your mouth washed out with soap, DEBT offers a more permanent punishment. It can ground you for life. I swear. When DEBT becomes you first language you may start to think you’re only way out is Bankruptcy. It’s not. In fact filing for Bankruptcy could have a lasting negative effect on your financial future. It’s time to learn some new words, words that will soon replace DEBT in your life. Words like HOPE. Now isn’t that a much nicer word?
4 Pillars Debt Kootenays Consultants work for the YOU the consumer. Trustees Work for your Creditors.
If you are seriously considering Bankruptcy or a Consumer proposal to settle your debt, make sure you have all the facts.
1) When filing for Bankruptcy or a Consumer Proposal you are legally required to file with a Licensed Insolvency Trustee, formerly known as a Bankruptcy Trustee.
2) A Licensed Insolvency Trustee or LIT 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.
3) Your Trustee is not obligated to help you get the best possible result when making a consumer proposal or filing for bankruptcy.
4) They have a fiduciary duty to your creditors.
5) Although you are legally required to file through a trustee, there is nothing preventing you from having 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’d been charged with a crime would you hire the prosecutor to represent you during the trial, of course not that, would be crazy! You’d find a lawyer whose sole purpose is to defend you and keep you out of jail. Of course there’s nothing to stop you from representing yourself. But remember what they say… ‘The man who represents himself in court has a fool for a client’. The same idiom applies to dealing with Bankruptcy or Consumer Proposal. If you want a fair shake and the best possible outcome you’ll need an advocate on your side. 4 Pillars Debt Consultants work for you and only you. There is no conflict of interest. 4 Pillars’ priority is to reduce your debt by up to 80 percent. They will work with you on a comprehensive credit rebuilding plan so you are not left vulnerable for future financial challenges, they will see you completely debt free within 5 years, and they will get you there with compassion, and understanding.
4 Pillars Creates Lasting Solutions
When you consult a 4 Pillars Debt Specialist you have a financial expert who works to create the best solution for your financial situation. Because your debt has probably damaged your credit rating you may find it difficult to move beyond that debt. Even the used car dealer that promises loans to everyone with bad credit won’t give you a second look, and if they do you’d better read the fine print.
4 Pillars has several 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 online Debt Bootcamp can help educate you. Sign up for free at 4Pillars.ca. 4 Pillars also offers a comprehensive After Care Program making you a valued client for life. It’s a fact, over 97% of 4 Pillars clientele 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.
A 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!
Hi, I’m Robert Osborne, your 4 Pillars Debt Specialist in the West Kootenays. In the next two installments I’ll explain the approach credit counsellors and trustees take with your debt and I’ll also show you what your debt free future could look like. You’ll like what you see… I swear!
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. (250) 365-8070.
4 Pillars Debt Solutions. Visit us at 4Pillars.ca
