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
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
This is the true story of a man who lost his business and fell deep into debt. We asked him to tell his story. These are his words which we’ve left unedited. This is an on-going story. You can read month one here. In March, I had to close my advertising agency and let all my...Continue reading
This is the true story of a man who lost his business and fell deep into debt. We asked him to tell his story. These are his words which we’ve left unedited. This is an on-going story. You can read month one here. As 50-year old recently separated dad with a mountain of debt and...Continue reading
This post is by Bob Osborne, from our 4 Pillars Kootenays office. You can read his bio and find out about his debt consolidation services for Castlegar, Nelson, Cranbrook, Trail, and Grandforks here. I was playing with my phone –Galaxy 4 – I am no techy by the longest stretch of the imagination when I come across...Continue reading
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
If you are tired of the standard debt advice (cut expenses; live like a monk), you’re in luck . . . . . .because today I’m going to share a huge practical list of the absolute best ways to get out of debt. I’ve worked in the financial world for 20+ years and my company...Continue reading
Many people I meet ask the question: “why not just visit a Trustee in Bankruptcy or a Credit Counsellor by myself?” At 4 Pillars, we take the view that when in the debt advisory business you either act for the creditor, or act for the debtor. It’s impossible to give good sound advice to both...Continue reading
This is the true story of a man who lost his business and fell deep into debt. We asked him to tell his story. These are his words which we’ve left unedited. This is a 7-part series and we will be following his progress. You can read month one here and month two here. Month Three: Lawsuits, Debt...Continue reading
