This is a great question. The simple answer to this for most people, would be that debt restructuring is a new arrangement or reorganization of your debt terms. Your debt terms are basically what you agreed to when you first took on the debt. Things like the amount borrowed, the amount of interest that you … Continue reading What is Debt Restructuring?
Why is there so much credit card debt We live in what is called a “Consumer Society” this means that products are bought on credit, so you have it now and pay for it later with interest this is called unsecured debt. It is easy to stay on top of your debt if you pay … Continue reading What is Debt Restructuring
At some point in your life you may find yourself in need of a financial home renovation. In some cases it may be a simple DIY fix with a fresh coat of ‘tighten the budget’ paint. However, for most of us, Debt Restructuring is a bigger project, one that should be left to the professionals. … Continue reading Debt Restructuring – a home renovation for your finances
What is debt restructuring? I have many people asking – “is this just like going bankrupt with a trustee “ or ”is this like credit counselling? “ or “ is 4 Pillars a Debt Settlement company”? I understand why folks would be a little confused with all the terminology being used in the marketplace, but … Continue reading How does 4 Pillars Debt Restructuring work?
Who really needs debt help Much of the general public assumes that the people who need help sorting out their debt troubles are a bunch of irresponsible shopaholics. It’s easy to make that assumption too, since there is a lot of conspicuous consumption in our society—we are constantly bombarded with advertising messages every day encouraging … Continue reading The Causes of Debt
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