Author Archives: 4 Pillars Halifax

Can I Negotiate A Debt Settlement By Myself? Most Canadians struggling with debt are very concerned about costs and often wonder if they can implement a Debt Settlement plan by themselves. This is a great question that at face value is simple to understand but when you dive into it is quite complicated. This articleContinue reading “Can I Negotiate A Debt Settlement By Myself?”

How Does A Debt Settlement Program Work? Debt settlement programs have existed in Canada and Nova Scotia for a very long time. Their goal is to help save money on interest, fees, and principal balance. Of course, every situation is different, but there the basic process remains the same for everyone who signs up forContinue reading “How Do Debt Settlement Programs Work?”

What is Debt Settlement? Debt Settlement is a type of debt relief to settle your debts for pennies on the dollar and get you out of debt. You’ve probably seen advertisements and are perhaps skeptical. It will probably be good to hear that debt settlement programs are actually legal and can be a legitimate debtContinue reading “What is Debt Settlement?”

5 Things you DON’T know about Debt Forgiveness Each and every day we help people navigate their financial struggles. Whether someone got sick, lost their job, became separated from their spouse, or made poor decisions in the past and want to rectify them; there is always a solution to deal with debt. You hear theContinue reading “5 Things you DON’T know about Debt Forgiveness”

What do you do if your consumer proposal is rejected? We discussed in another article that the chances of a consumer proposal being rejected are extremely slim. In the unfortunate event that your proposal does get rejected by creditors what are your options? Your options become quite limited in the event this occurs. If thisContinue reading “What if your consumer proposal is rejected”

Are Debt Consolidation Programs Worth It? This is a question I am sure is asked over and over again by not only consumers but professionals as well. While this question is probably easily answered by most, it is a loaded question. We will try to get into many of the various possibilities where debt consolidationsContinue reading “Are Debt Consolidation Programs Worth It?”

Selling Assets To Pay Off Debt Is Not Always A Good Idea. Have you ever wondered if you should sell your assets to get out of debt? Are you unsure if it will actually make a difference or if there is a better option? The ideal situation would be to keep all of your assetsContinue reading “Should you sell RRSPs or other assets to pay off debt?”

Case Study – New Family Expecting a child can be one of the most exciting times of our lives. It can also be one of the most stressful. By far the biggest concern for most people is the financial strain. How will you afford this little bundle of joy? Unfortunately, a new addition to theContinue reading “Case Study – New Family”

Case Study – New to Canada People come to Canada from all over the world for a chance at a better life. Sometimes it’s a better job, to be closer to family, or just to live the Canadian dream. No one moves to Canada to accumulate a crushing amount of debt. Sadly, that was whatContinue reading “Case Study – New To Canada”

Case Study – New Homeowners Buying a home is the biggest purchase that most of us will ever make. Unfortunately, it can often come with unexpected expenses that send your costs sky-high. The family in this case study ran into this problem – the renovations on their new home had launched them into a debtContinue reading “Case Study – New Homeowners”