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

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. Month Two: Facing Bankruptcy I Make a...Continue reading

When a small business slides deeper into debt, corporate debt restructuring can offer an out. Corporate debt restructuring is often thought to only be available to large companies. But your small business can also benefit from it. This article explains how it works. Corporate debt restructuring allows businesses of all structures and sizes to reorganize...Continue reading

Small business bankruptcy in Canada is a reality that thousands of entrepreneurs face each year. Whether your business has been impacted by rising costs, cash flow problems, or economic downturns, understanding your legal options is the first step toward financial recovery. This guide covers everything a Canadian small business owner needs to know about bankruptcy...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.   Month One: Birthdays, Bankruptcy, and Debt Rock Bottom There were...Continue reading

The amount of debt many graduates are leaving school with means they are delaying big life decisions such as buying a car, buying a house, getting married and having kids. This ultimately has an effect on us all and the overall economy. It also means many of our children are rethinking higher education, pursuing different...Continue reading