Financial problems can have a negative effect on your entire life. You may find it difficult to qualify for an important loan, such as for a home or car, or you may struggle to run your business. When you turn to a company like 4 Pillars in Victoria to help with your debt consolidation and debt relief solutions, there are many things we can do to help you improve your finances.
When you’re buried in debt, it’s easy to become overwhelmed and wonder how you will ever come out on the other side. In these situations, you need to turn to an experienced debt consolidation company that can help you achieve your goals and improve your financial outlook. At 4 Pillars, we can help you get debt free with just a few simple steps.
If you are experiencing debt problems in Victoria, it can be a difficult time of life. It helps to get professional assistance at times like these, but not all debt consultants are the same. Here are some important things to look for before choosing a service and some reasons why 4 Pillars Consulting Group can help you.
Victoria, British Columbia (August 25, 2017) – 4 Pillars Consulting Group recently conducted a customer satisfaction survey that yielded positive results with the firm gaining a rating of 9.4 on a third-party survey platform. Through Trustpilot, an online review community, the company reached out to over 6,000 clients they have worked with over the years. Over 700 responded to the survey, earning the high average of 4.7 stars out of 5 in the reviews. The results also revealed that 84 percent of all respondents gave the company an excellent rating.
Since 2002, 4 Pillars has retained a good reputation for excellence in customer service along with its high success rate of 97 percent in the industry. By working with a highly regarded online survey provider like Trustpilot, the company aims to further establish trust with both existing and potential clients. This way, the firm’s team of experienced debt relief specialists can help even more Canadians who are struggling with debt.
Trustpilot is considered one of the world’s largest online review communities with over 32 million reviews for more than 179,000 businesses worldwide. Peter Mühlmann founded Trustpilot in 2007 to help online shoppers make informed decisions and wise purchases. The company is known for its good practices in collecting genuine reviews and combating fake reviews. It provides a neutral space for consumers to voice out their opinions instantly and without censorship. Aside from having a dedicated Compliance Team to identify fraudulent feedback, Trustpilot also employs mechanisms to automatically detect fake reviews and other misuse.
In addition to high marks from Trustpilot, 4 Pillars Consulting Group also maintains an A+ rating from the Better Business Bureau. The company has been BBB Accredited since 2011, which means that they meet the standards for product quality and competency in performing services. The firm also has a wealth of glowing reviews from previous clients displayed on their site. High ratings for consultants from 4 Pillars in Victoria, Nanaimo, Port Alberni, and Courtenay are also shown on the company website.
For more information, visit https://www.facebook.com/4PillarsConsultingVancouverIsland.
About 4 Pillars Consulting Group
4 Pillars Consulting Group is a Canadian debt restructuring company with 15 years’ worth of experience in the industry. The company has supervised the successful restructuring of millions of dollars of debt held by over 10,000 clients. As a firm that acts on behalf of the debtor, 4 Pillars aims to help eliminate 80 percent of a client’s debt while structuring the lowest possible settlements.
Statistics show that Canadians owe around $1.67 for every dollar of their disposable income. This seemingly going downhill debt-to-income ratio has a quite apparent implication—an increase in the number of debtors seeking debt relief options. If you happen to be among those who are already deep in debt, don’t worry because there is a wide array of debt relief solutions that you can choose from, and consultants from 4 Pillars in Victoria, Nanaimo, Port Alberni, and Courtenay can help you make the right choice.
When you are no longer capable of paying your debt, you can file for bankruptcy as a last resort. The Bankruptcy and Insolvency Act (BIA) allows you to pay off a part of your debt with your assets and gain a fresh financial start. Through this federal law, the government can provide a fair and orderly distribution of your assets to your creditors. Meaning, you will be protected from potential garnishment of wages and intensive payment collection efforts.
Wage garnishment is one of the many methods creditors use to collect payment from their debtors. Essentially, it is a legal order that allows creditors to seize a certain percentage of your income until you have paid off all your dues.
On paper, this might seem like a viable option to pay off debt. However, it will severely limit your financial capabilities. In fact, some creditors can even claim up to 50 percent of your total wages, leaving you with little means for your personal needs. Fortunately, there are options to prevent and stop a garnish and all options can be explained and reviewed with help from debt restructuring consultants at 4 Pillars in Victoria, Nanaimo, Port Alberni, and Courtney can get you out of a bind
Victoria, British Columbia (July 14, 2017) – Debt relief consultants like those from 4 Pillars Consulting Group on Vancouver Island help struggling debtors around the area in many ways. If one enrolls in a debt management plan, a creditor will first analyze personal finances and budget. After the review, the specialist will draw up a customized plan focused on reducing debt and controlling spending. Beyond this, however, debt restructuring specialists also take on different roles to aid clients.
As qualified debt relief specialists, they can educate clients on practically any matter concerning debt management. For instance, they can have a lengthy and informative discussion about interpreting credit scores or reports, using credit wisely, understanding legal matters that concern debt and what to expect during the restructuring process.
The specialists are also equipped to help debtors set up realistic financial goals. Making smart and responsible financial decisions goes a long way in debt management and in planning for any significant life event in the future. This will prove extremely helpful as the client tries to build their credit back up.
Of course, part of effectively settling debt is making sure that the client does not accrue more debt or go over any credit limits. 4 Pillars Victoria and Vancouver Island debt-restructuring specialists can help clients come up with a more reasonable budget to use while they are paying off debts. This might include going over finances from time to time and assessing whether changes need to be implemented.
It is also responsibility of the specialists to provide ongoing support to their client. If the debtor runs into any issues over the course of restructuring, they can answer questions and provide solutions.
About 4 Pillars Consulting Group – Vancouver Island:
The Vancouver Island regional base of 4 Pillars Consulting Group is comprised of 4 debt consultants who serve the city of Victoria and the central part of Vancouver Island including the greater Victoria area, Nanaimo, Port Alberni, and Courtney. They offer a variety of personal and corporate debt resolution services, including information on consumer proposals, bankruptcy, consolidation loans, and credit acceleration programs. Visit their Facebook page to learn more.
Paying up often seems to be the only way to get rid of your debt. If you can’t continue making payments however, debt relief options offered by 4 Pillars Victoria, Nanaimo, Port Alberni, and Courtney consultants can help you successfully settle your financial obligation.
Debt relief options such as debt restructuring can lower your credit score, significantly reducing your chance of taking out the best loan deals in the future. Fortunately, there are ways to rebuild a bad credit after a debt restructuring.