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Category: Uncategorized - Page 5

4 Pillars Mentioned by the Financial Consumer Agency of Canada

By Paul Murphy

Today, I want to share two positive things. Our goal at 4 Pillars is to educate you, showing you the different ways out of debt. It’s a mission we really do believe in. 4 Pillars’  Troy Tisserand was recently recognized by the Financial Consumer Agency of Canada (which is run by the Government of Canada) … Continue reading 4 Pillars Mentioned by the Financial Consumer Agency of Canada

Debt Restructuring Methods: Why Things Are Getting Better for Canadians in Debt

By Paul Murphy

    The debt system in Canada is broken. The industry knows it. But things are getting better for Canadians dealing with large amounts of debt. The insolvency industry may not have realized it yet, but is going through a shake-up and how consumers deal with debt is changing for the better. The current debt … Continue reading Debt Restructuring Methods: Why Things Are Getting Better for Canadians in Debt

This is the Advice I’d Give My Mother About Debt

By Paul Murphy

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

Consumer proposal vs bankruptcy? This Ontario family went from $120,000 to $19,500 in debt

By Paul Murphy

  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


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