Talking To 4 Pillars In Victoria
- January 21, 2021
- Doris Gray
One of the most challenging aspects of being in debt is the social stigma or the negative beliefs that people have around financial problems. In many cases, debt is a result of unforeseen events in life and not a result of poor budgeting or unregulated spending or buying.
In Victoria, people with financial difficulties know they can turn to 4 Pillars. As debt consultants, these professionals provide information and support to people struggling with issues around debt. However, the first step is for individuals and couples in the area to overcome their anxiety or fear of talking about the issue and booking an appointment.
Meeting with a 4 Pillars debt consultant is a private and confidential conversation. The professional does not judge, correct, or criticize the situation. Instead, he or she reviews the financial information for the client and makes recommendations as to how to most effectively address the debt.
Options to Consider
The earlier people in Victoria meet with a debt consultant; the more options may be on the table. Meeting with the professional before missing mortgage payments, car loan payments, or other types of repayments typically allows for options from budgeting to get back on track to considering the options of a consumer proposal and everything in between.
Once debt reaches a significant level, the options recommended by a 4 Pillars debt consultant are more limited. In some cases, bankruptcy may be recommended as the best way to address the debt and to begin to rebuild again, but usually other options are more favorable.