We help to reduce your debt by up to 80% and get you back on track. Up to 97% of families successfully complete the plans we create and become debt free.
David Heysel helps Oshawa and Whitby families, as well as local businesses, create debt restructuring plans, rebuild their credit and develop a plan to get out of debt.
David has been a debt consultant with 4 Pillars since 2020. Prior to that he spent 8 years in the finance industry with a focus on helping Canadian families rebuild their credit.
In that time David has seen virtually every conceivable situation and used his extensive experience to create effective debt restructuring plans for debts ranging from $10,000 to more than $100,000. As a debt consultant, David has continued to expand his areas of expertise which now include credit rebuilding and budgeting services.
David has worked with Durham Region families from his local practice since joining 4 Pillars, and he meets Oshawa clients by appointment, including after hours and on weekends.
4 Pillars can put you on track to achieve your financial goals. We can help you with budgeting strategies, money coaching and debt repayment and then guide you through the steps to rebuild your credit. Let us help you through your challenging times.
Oshawa households cover a lot of ground: auto plant and parts-supplier shifts, Lakeridge Health and other health care jobs, students at Ontario Tech University and Durham College, and families in Taunton, Windfields, Vanier, O’Neill and Lakeview, or across the line in Whitby and Brooklin. When hours change or costs climb, credit cards and lines of credit often fill the gap. David starts with your real numbers, then explains which options fit, from a tighter budget and money coaching and a debt management plan to a formal solution through a Licensed Insolvency Trustee. See all of our services.
If your income can carry a regular payment but not the full balance of your unsecured debts, a consumer proposal is usually the first formal option to compare. It’s an offer to repay part of what you owe over up to five years, with no interest, and you generally keep your home and car as long as you keep up those payments. Only a Licensed Insolvency Trustee can file it, and your creditors vote on it. 4 Pillars is not a trustee. David helps you prepare and connects you with one. How a consumer proposal works.
If your income has dropped for the long term and you have few assets, bankruptcy may be the more realistic route. Only a Licensed Insolvency Trustee can file it, and Ontario law decides which assets you keep. David will go through what it would mean for you before you meet a trustee. Learn about bankruptcy.
A consolidation loan or a mortgage refinance can work if your credit is still strong, but neither reduces what you owe, and a refinance moves unsecured debt onto your home. If you’ve already been turned down, compare options for homeowners with David. Once your debt is under control, he can help with credit rebuilding.
Elsewhere in Durham? See our Courtice and Ajax–Pickering pages.
That’s common once missed payments have affected your credit. A consumer proposal can deal with your unsecured debts while you keep paying your mortgage, and a budget plan may be enough if the problem is newer. David will walk you through both.
Property tax arrears are attached to your home, so they’re generally treated like a secured debt and aren’t reduced in a proposal. Freeing up money from your unsecured debts can help you catch up on them.
Yes. A co-signer can be asked to pay the full balance. If that debt is part of a larger problem for you, your liability as a co-signer can usually be dealt with in your own consumer proposal.
No. David starts with a phone assessment, so you can use the number or the form on this page to book your free one-hour consultation.
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