Over the years of providing Burnaby debt relief services for my clients I have seen that many people don’t want to go bankrupt, they WANT to make good with their creditors, they want to at least make some kind of arrangement with their creditors and pay back a portion of what they owe. This is … Continue reading A Consumer Proposal ensures that you won’t lose your shirt…
As Canadians we live in one of the top 20 wealthiest countries of the world. So why is it that over 63,000 Canadians claimed bankruptcy in 2015? Let’s take a look at some of the possible reasons why so many people in Canada have to give up and claim bankruptcy. Spending more than you earn … Continue reading Why do Canadians go Bankrupt?
I recently heard one particular Bankruptcy Trustee, now known as Licensed Insolvency Trustee(LIT), advertise free financial advice. What does that mean? Does it mean a free one hour consultation? Or could it be they will file a consumer proposal or a bankruptcy for you and you don’t pay them any fees? Whatever it means, nothing … Continue reading There Is No Free Financial Advice
So, you’ve got some debts, and your attempts to solve the problems on your own haven’t worked out. You’re either a renter, or the house you own doesn’t have enough equity in it to refinance and come up with enough money to pay the debt off. Any assets you could sell wouldn’t put much of … Continue reading 9 Reasons a Consumer Proposal is Almost Always a Better Idea Than a Bankruptcy
June 2016 Bob Hauck, 4 Pillars Consulting Group, Kamloops, BC Jason was in trouble and he knew it! He didn’t have much debt – really only about $10,000, but it was the worst kind of debt – payday loans. Much like the 1980’s cult classic movie, “Escape from New York”, he needed to escape from … Continue reading Escape from Payday Loans
"The stress and worries are over. We are living again."
Actual client testimonial. Name removed to protect privacy.
