Shortly after completing their training one of our new offices asked me: “what does ‘clients for life’ really mean? Isn’t our entire service designed so that they don’t become repeat clients? That they get out of debt and never face further financial challenges again?” I thought this was a great question and if one of … Continue reading This is the Advice I’d Give My Mother About Debt
The debt situation: A family contacted our 4 Pillars office in Barrie Ontario. They had $120,000K in unsecured debt. They were considering bankruptcy. Monthly payments: Their minimal debt payments had risen to a crippling $3,500 per month. Methods they had tried: The family accepted full responsibility for their debt. They had already looked at other debt solutions. … Continue reading Consumer proposal vs bankruptcy? This Ontario family went from $120,000 to $19,500 in debt
Photo credit: Len dela Cruz We recently asked our Debt Bootcamp students: what’s preventing you from getting professional help with your debt? The number one reason? They were “ashamed of their debt.” As a few of our students put it: “Fear…that I haven’t done enough myself. I created this mess I should be doing more to … Continue reading “I’m embarrassed by my debt.”
Filing bankruptcy in Canada can be confusing. These 8 steps will make it simple and explain everything you need to know. You probably already know the basics of bankruptcy in Canada. You know that it severely affects your credit rating. You may also know that you might get to keep a few assets … Continue reading How to File Bankruptcy in Canada – Begin With These 8 Steps
When faced with bankruptcy, a family in Ontario wanted to know their options. Here are the 6 steps we recommended, reducing their debt from $57K down to $15K. The bankruptcy situation The financial hardship began when Sara (name changed for privacy) became sick and took a leave of absence from her work. She was away from work for 6 … Continue reading 6 Steps a Family in Ontario Took to Avoid Filing Bankruptcy
"The stress and worries are over. We are living again."
Actual client testimonial. Name removed to protect privacy.
