Top 5 Tips for Debt Help and Debt Restructuring in Toronto
When is the last time you enjoyed a good night’s sleep? No tossing and turning. No staring at the ceiling begging your brain to shut off. No reliving that fight with your spouse, the never ending fight about money; or more specifically about debt. When Debt takes control of your life it keeps taking until you have nothing left. It threatens your relationships, your job, your security and your future. Still don’t think your debt is a problem, well that will give you something to ponder tonight while you’re staring at the ceiling.
Tip 1 – Do you actually need debt help?
Say you do realize the hold debt has on your life what can you do about it? A lot actually, but you can’t do it alone. Debt help requires specialized knowledge of several different Federal and Provincial laws. In fact debt restructuring is a complex journey and if mishandled, one that could leave you worse off financially then when you started.
Your debt isn’t just your problem it affects your entire family including your spouse, your parents, and other relationships especially if there are co-owned assets or co-signed loans. So how do you deal with your debt without creating a negative impact on those around you? You find an experienced debt restructuring company with proven results. But first, you do your homework. You wouldn’t drop your kid at a daycare without first the place out so put the same due diligence into the people you trust with your financial future.
A 4 Pillars Debt Specialist can analyze your situation and review your options. Your initial consultation is free. You will meet with a compassionate professional who will navigate these debt waters while helping you reach your financial goals. And most importantly, 4 Pillars works for you and only you. In your research you’ll find that some non-profits and bankruptcy trustees actually work for your creditors. 4 Pillars works for you and only you.
Tip 2 – Consolidations: getting legitimate debt help.
It is when you are looking for debt help you are at your most vulnerable. There are a lot of companies offering a quick fix. It is important that you ask some very pointed questions, then listen to what is being said and what ISN’T being said.
How long have they been in business?
Are they a national company?
Do they have a Facebook page, a social media presence, client testimonials, and what kind of reviews are they getting?
Are they willing to share their debt restructuring plan with you?
Do they care about what happens to you?
Are they willing to meet face to face?
What does the Better Business Bureau have to say about them?
Who do they represent? You or your creditors. It can’t go both ways.
Tip 3 – Debt Restructuring is NOT one size fits all.
You debt situation is unique to you. So a cookie cutter approach to settling your debt will not do. You need a solution that is tailored specifically to your needs. A solution that also takes into account your plans for the future. Sometimes that solution is Debt Consolidation; combining all of your debt into one low payment. Perhaps it’s creating a realistic budget or depending on your situation, a consumer proposal. Regardless, your debt specialist will put together a debt restructuring strategy that works best for your personal situation.
Tip 4 – Credit Rebuilding
Once 4 Pillars has a plan in place they will begin rebuilding your credit. Since your debt has cause serious damage to credit just paying off your debt won’t be enough to improve your credit rating. Your credit will need to be repaired before you can move forward financially. 4 Pillars will help you rebuild your credit as well as budget and plan for your future.
Unfortunately credit rebuilding is the single biggest overlooked aspect of most debt restructuring plans in Canada. Everyone promises to fix your debt but no one shows you how to get back on your feet financially. Statistic show that Canadian consumers have a 24% chance of getting back into debt within 10 years unless they have specialized support after the debt is resolved.
4 Pillars Debt Consultants offers their clients an extensive After Care Program, and it is free. To learn more about being a client for life click on the link. [Insert link]
Tip 5 – Selecting a reputable company.
You’ve done your research. Now comes the hard part; choosing the company that will best represent you. The company you choose will have a direct impact on the next 3 to 5 years of your life. Actually, the choice is easy. 4 Pillars Debt Solutions was founded in 2002 by three professionals who were tired of watching their friends lose their businesses to debt. So they combined their financial expertise and started a company that would ensure no one would be controlled by their debt again. In fact over 97% of their clients have successfully completed their debt restructuring plans; making 4 Pillars an industry leader in Canada. With over 1000 testimonials on record, click the link below and see what 4 Pillars’ clients have to say. Ultimate Testimonial Page
We’re Navaiz and Hardip Chaudhry, your 4 Pillars Debt Specialists in Toronto. It is our job to lead you on this debt restructuring journey, making the process as painless and stress free as possible. Our team will analyze your financial situation and present you with a debt settlement strategy that works best for you. Then we can start rebuilding your credit so you get on with your life and start fulfilling your financial dreams.
At 4 Pillars Toronto our goal is to reduce your debt by up to 80% and have your debt paid off within 5 years. We can navigate you through the maze of debt and have you coming out of it financially stronger, wiser, and better prepared to reach your goals. And we do it all without judgement or blame.
If you have any concerns about your own debt situation, call 4 Pillars Toronto to set up your free initial consultation. (647) 362-4894.
4 Pillars Debt Solutions. Visit us at 4Pillars.ca
