Last week, we published a “True Debt Story.” It was about a man in his fifties who lost his business, fell deep into debt, and was forced to start over. This was a true story from an actual 4 Pillars client. We asked him to tell us his story and we presented his words unedited. … Continue reading “I was 200K in Debt and Facing Bankruptcy” – A 4 Pillars Success Story
I think you’ll really agree with me when I say that the debt industry is really confusing. You have credit counselling societies, bankruptcy trustees, debt settlement firms, consolidation loans, consumer proposals, and a lot of different views on how you should deal with your debt. The media also chimes in, leaving more confusion than answers. … Continue reading Consumer Proposal vs Bankruptcy – How to Choose Wisely
This article is by Paul Murphy, our Managing Partner with 15+ years of investment and banking industry experience. If you’d like advice about your particular situation, reach out here. How Debt Restructuring Works in Canada In simple terms, debt restructuring is a proposal made to your creditors where you offer to repay the debt on different terms than … Continue reading Debt Restructuring: How Does It Work in Canada?
We’ve collected some resources for people considering bankruptcy in Ontario.
This article is by Paul Murphy, our VP and financial literacy expert with 15+ years of investment and banking industry experience. We often get asked, “I missed a mortgage payment. What happens now?” While missing a mortgage payment is serious, you do have options. Here’s some advice about what to do next. If you don’t want … Continue reading Help: I missed a mortgage payment. What happens now?
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Actual client testimonial. Name removed to protect privacy.
