Small business financial assessment Several months ago through my referral network, I was asked to contact a small business client in financial trouble who did not want to go bankrupt. After an initial phone call to assess their financial difficulties, they decided to come into my office and meet me for their free consultation. Upon … Continue reading Small Business Case Study, Kitchener ON
How does Canadian Insolvency Work The Bankruptcy Insolvency Act (BIA) provides two remedies to settling debt through either bankruptcy or consumer proposal and each has pros and cons. Regardless of which one a consumer (or business chooses) the unsecured debts are dealt with and within 24 hours there is a stay of proceedings where creditors … Continue reading Bankruptcy Versus Consumer Proposal – Kootenays, BC
“Nothing good had happened to me for months until the pair from 4 Pillars came into my life. One of the first things they said to me after reviewing my financials was that I should not go bankrupt and I wasn’t going to lose my condo.” The debt situation Ryan, age 50, (name changed for … Continue reading How 4 Pillars Saved a Local Business Owner from Bankruptcy and 200K in Debt
When it comes to actually filing bankruptcy in Canada, it’s confusing for a lot of Canadians. Who do you contact? Where do you start? This is your guide to simplify bankruptcy and help you know where to start. We’ve helped thousands of Canadians deal with millions and millions of dollars in debt. But as researching this … Continue reading How do I file for Bankruptcy in Canada?
In 2014, I met a Kitchener resident who was facing such terrible financial difficulties that they were considering filing a bankruptcy through a trustee. The individual was highly educated but had recently become unemployed after buying a new home. She also had an older unreliable vehicle that was costing more to fix than what it … Continue reading Case Study: Kitchener Resident Faces Bankruptcy
"The stress and worries are over. We are living again."
Actual client testimonial. Name removed to protect privacy.
