Sometimes financial problems are just temporary. In fact, you may be doing better in just a few months time. However, debts have a way of mounting up, and if you’re not careful, you could have more financial obligations than you can handle and not know what to do and who to turn to. Thankfully, help is available and a debt consulting service like 4 Pillars can show you a wide range of options and one of them may be the perfect solution. Here are some of the things they can do for you.
Free Consultation
When you come to debt relief consultants like 4 Pillars, you have the benefits of a free consultation with a debt consultant. He or she is there to listen to your entire situation. You may need to answer a lot of questions because this helps your consultant get a clear picture of your financial situation. Together you can create a plan to help you get rid of your debt problems permanently.
Finding the Best Solution to Your Debt Problems
Your consultant may show you several options for debt restructuring. For example, many Canadians can use a consumer proposal strategy. This gives you the chance to pay back a specific percentage of your debts, and you have as long as five years to do so. Your payments are determined by your income and debts. This can also stop debt collectors from harassing you.
Bankruptcy
For some people, bankruptcy is the best solution. It is a more serious strategy and should only be considered when nothing else will work. However, it can get rid of most debts. It’s important to go over the pros and cons of bankruptcy with your 4 Pillars consultant, so you know what to expect. Your consultant can also help you with credit rebuilding after your debt situation is solved.
If it seems like you may never get rid of overwhelming debts, come to 4 Pillars Consulting Group. We can help you find the right strategy for your needs and more information is available at https://www.4pillars.ca now.
Disclaimer: All 4 Pillars Debt Relief Specialists are independent consultants that represent and advocate for the debtor during their insolvency and throughout their financial rehabilitation. 4 Pillars Debt Relief Specialists are not Licensed Insolvency Trustees, Lawyers, or Non-profit Credit Counsellors.
