How does 4 Pillars Kitchener Set Me Up for Life?
(An alternative approach to Trustees and Credit Counsellors.)
Hello, I’m Scott Patton, your 4 Pillars Debt Specialist in Kitchener. When you’re in your twenties the future is a concept, something that you’ll worry about later. But it’s in your twenties that you start dealing with credit and acquiring debt. You may not realize it at the time but that debt is going to have a huge impact on your future. As your debt grows it tightens its grip around your ability to save for your future; a future that is now barreling down on you faster than you could have imagined in your twenties.
In our last installment we talked about dealing with your debt. Is it best to hire a Licensed Insolvency Trustee, aka Bankruptcy Trustee, to deal with your debt or are you better off bringing in a trusted 3rd party to work on your behalf; someone like me, a 4 Pillars Debt Specialist. The most important take away from our last article is this; the trustee has a duty and fiduciary responsibility to your creditors, whereas the debt specialist works for you. Unlike the trustee, there is no conflict of interest. A 4 Pillars Debt Specialist represents you, working to reduce your debt by up to 80% and giving you the best options to pay off the remaining balance.
Educating Clients
Unfortunately there is a lot of misleading information floating around about credit and debt. Falsehoods and assumptions that could hinder your attempts to get out of debt and recover financially. Despite what you’ve heard, Bankruptcy will not solve all your money problems and give you a clean credit slate to start over. Nor is it your only option to getting out of debt. 4 Pillars Debt Solutions gets you the facts. We educate our clients throughout the whole debt settlement process, giving you the tools to stay out of debt and grow financially. As a result, over 97% of 4 Pillars clients have successfully completed their debt restructuring plans; making 4 Pillars an industry leader in Canada.
In 2005, 4 Pillars Debt Solutions started an initiative to improve Financial Literacy in Canada. The movement began in Edmonton with the creation of a new platform of financial literacy tools designed to help both social workers and non-profit organizations assist and educate low income families. At 4 Pillars we believe that consumers who are more confident about money, and better able to build their savings, will go on to create a better future for themselves and their families. Ending the cycle of debt starts by educating consumers. With this in mind 4 Pillars continues working to create and promote Financial Literacy programs in Canada.
The Clients for Life Philosophy
When you’re diagnosed with a disease you doctor doesn’t just write you a prescription and send you on your way. There are tests, follow up appointments, referrals and education about managing symptoms and ensuring you get to enjoy a long healthy life. When it’s DEBT that is making you ill, don’t try to treat the symptoms alone, consult a debt professional. Whatever your debt situations, 4 Pillars is by your side throughout the whole process.
Whether your debt settlement strategy is Consolidation or a Consumer Proposal, 4 Pillars is there to represent your best interest until your debt is paid. This isn’t a simple band aid approach to your debt. While you are paying off your debt, your 4 Pillars Debt Specialist is helping you rebuild your credit and build your savings. They’re also teaching you how to budget and showing you how to avoid the pitfalls that could cause a relapse into debt. 4 Pillars doesn’t just consider you a client, you’re a CLIENT FOR LIFE; as such you are able to seek out advice and assistance whenever you need it.
Specialized Tools Exclusive to 4 Pillars
When approaching your debt 4 Pillars takes in the whole picture, considering your present situation and its impact on your future. For over 15 years 4 Pillars has created Debt Restructuring Programs that take into account the many unique aspects of each clients’ overall financial situation. As a result we are able to help our clients recover and rebuild faster than any other program out there.
BUDGETING: It sounds simple yet it’s surprising how many people don’t have a realistic budget. 4 Pillars teaches you how to live within your means and track spending. In fact, something as simple as a budget is one of the most important tools for creating stability within the family.
PROPOSAL PROTECTION: This program is exclusive to 4 Pillars. It is designed to protect the payments made on a Consumer Proposal; should the client pass away or become sick, or get hurt due to an accident, the payments are made on the Consumer Proposal, helping avoid bankruptcy or being put back in the same financial position they worked so hard to get out off.
PHOENIX LOAN: When you are in a Consumer Proposal your payments do not work toward improving your credit score. The Phoenix Loan is also exclusive to 4 Pillars. It allows clients to qualify for a loan to pay out their consumer proposal giving an immediate jump in the credit score of up to 70 points and removes the consumer proposal up to 5 years sooner than making regular payments. The Phoenix Loan is an interest bearing loan that reports on your credit score to help speed up the credit rebuilding process.
CAR LOANS: Exclusive to 4 Pillars this program allows each client to qualify for a car loan at a significantly lower rate than they would otherwise qualify for given their current financial situation. This program ensures the client can get an updated vehicle in good condition with a solid maintenance record. This program also let clients avoid dealerships who would take advantage of their situation, huge payments, negative equity and high interest rates. 4 Pillars wants to get you in a safe new vehicle without being taken for a ride.
CREDIT CARDS: 4 Pillars has special relationships with credit card companies who are willing to approve an unsecured credit card based on how well the client is educated in financial literacy as well as 4 Pillars’ reputation for success. Remember, 97% of 4 Pillars clients have successfully completed their debt restructuring plans.
4 Pillars is able to offer these and many other programs to their clients because of the strong relationships they’ve built with like-minded financial planning companies, one of whom has the motto No Family Left Behind… 4 Pillars agrees.
The Promise Land of Real Opportunity
That future that is barreling toward you is about to deliver some fantastic news. Imagine in just 5 quick years making your final payment on your debt. And during that time your 4 Pillars Debt Specialist has been giving you the tools to not only prepare for this moment, but they’ve been teaching you how to start preparing for the future you’ve always wanted. Do you want to own your home, go back to school, to retire in comfort? Without debt holding you back the possibilities are endless.
As a 4 Pillars Debt Specialist in Kitchener I’m very proud of the work I’ve been able to do on behalf of my clients. As a member of this community I take great pride in helping my neighbors reach their financial goals.
I sit here and write this remembering the day I emailed 4 pillars asking for help. Within a few hours Scott had messaged me asking to set up a meeting as well as if it was okay if he called me. I was embarrassed and uncomfortable as honestly anyone would be telling someone you need help getting out of the situation you got yourself into! Scott made sure to explain everything in detail and made me feel comfortable and not at all stupid! The experience and knowledge this company has is amazing, and I would recommend them to anyone! Thank you!! Rebecca, Kitchener, ON
Scott, just a letter to thank you for your service in getting my debt issue resolved and put into a satisfactory position by eliminating a lot of my debt load thereby saving me over $35,000 over the next 5 years and actually more if you include the interest savings. The process was quick and easy through your firm and it has eliminated a ton of worry and anxiety I had been suffering with for a long time. I didn’t want to go through the bankruptcy route and this allows me to avoid that process and continue to live a normal life. So in closing I am very thankful to you for showing me a way out of this mess and that you were able to make the payments much lower than what was previously required. Ron, Kitchener, ON
Over the last few years I had managed to run up over 60k of unsecured debt. Mainly credit cards and a line of credit. I had approached the banks to help with a loan to pay off the debts, but because of the high minimum payments I was not able to afford it. Due to the high balances that I was carrying, the interest rates kept killing me and it was becoming a challenge just to make the minimum payments. I was stressed and my wife was very sick and it was taking a toll on my health. It was hard just trying to make ends meet. I was constantly searching the internet for solutions when I came across 4 Pillars and I contacted Scott and he assured me over the phone that he could help me out. I must admit that initially I was a little skeptical. I met with Scott and he was able to discuss various options. Scott seemed very concerned about my situation and assured me he could help. We were able to come up with a settlement proposal based on what I could afford to repay, on a monthly basis over a 60 month period. The settlement was agreed to by all parties and also a lower monthly payment then previously discussed. Now I have a fixed monthly payment repaying a portion of the total debt, interest free. Having a strategy in place, and the ability to make my monthly payments has taken a huge burden off my back. I sincerely thank Scott for all his help. Marcel, Kitchener, ON
In the next installment we’ll take a more in depth look in to your debt free future. In the meantime, feel free to call me, Scott Patton, with any questions or concerns about your own debt situation. Your initial consultation is free. 519-502-9227
4 Pillars Debt Solutions. Visit us at 4Pillars.ca
