{"id":9007,"date":"2019-10-23T11:27:26","date_gmt":"2019-10-23T18:27:26","guid":{"rendered":"https:\/\/www.sands-trustee.com\/?p=9007"},"modified":"2021-05-19T07:05:54","modified_gmt":"2021-05-19T14:05:54","slug":"meet-peter-hear-his-debt-free-success-story","status":"publish","type":"post","link":"https:\/\/www.sands-trustee.com\/blog\/meet-peter-hear-his-debt-free-success-story\/","title":{"rendered":"Meet Peter, Hear his Debt-Free Success Story"},"content":{"rendered":"<p>Life events beyond our control often have serious long-term financial consequences. Despite many people\u2019s best efforts, they\u2019re sometimes simply unable to continue to manage their debts on their own. It\u2019s important for consumers and business owners to know that legal debt solutions are available to help you turn around even the most challenging financial situation.<\/p>\n<p><strong>You are not alone in your financial struggles, and we\u2019re here to help.<\/strong><\/p>\n<p>Since 1990 Sands &amp; Associates has helped thousands of people in BC who were struggling under the pressure of debt. We are proud to be able to support our clients without judgment as they take charge and move towards a positive, debt-free financial future, and greatly appreciate those who have decided to <a href=\"https:\/\/www.sands-trustee.com\/real-debt-help-stories\/\">share their stories<\/a> in the hopes that they offer support to another person who may be facing a similar situation.<\/p>\n<p>Meet Peter and watch him tell his debt-free success story, unscripted and in his own words.<\/p>\n<p><div class=\"responsive-iframe\"><iframe loading=\"lazy\" title=\"Peter\u2019s Debt-Free Journey\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/W6sVFo00HE8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div><\/p>\n<p>Read more about Peter\u2019s story:<\/p>\n<p>Peter\u2019s story could be familiar to many people across the province. He enjoyed success as a contractor in the Okanagan for a number of years before the economic downturn in 2008. His customers then struggled to pay their bills, leaving Peter\u2019s business desperately short of cash. Feeling he had responsibility to his own tradespeople and vendors, his financial challenges started.<\/p>\n<blockquote>\n<p style=\"text-align: left;\"><em>\u201c\u2026it took a financial toll on me in that I had to use personal savings in order to make sure everyone was paid and taken care of.\u201d<\/em><\/p>\n<\/blockquote>\n<p>A combination of life events, including the eventual loss of his business and breakdown of his marriage brought Peter to the decision to move to the lower mainland in order to keep working, juggling debts of just under $100,000. Despite his diligent efforts, including working three jobs, he found himself unable to make enough money to cover his living expenses and became completely overwhelmed.<\/p>\n<p>\u201cI had no idea how stressful the situations would be\u2026how it makes you react\u2026not sleep, not eat\u2026it just becomes a very desperate life situation\u2026\u201d Peter describes this period as being the lowest point in his life, filled with sleepless nights, anxiety and overwhelming stress.<\/p>\n<blockquote><p><em>\u201cI didn\u2019t want to be around anymore. I didn\u2019t want to be a burden to people, I felt that I was.\u201d<\/em><\/p><\/blockquote>\n<p>Realizing he needed to figure out his next steps and coming to the ultimate decision to somehow make a better life, he decided to talk to Sands &amp; Associates. \u201cFor me that was the beginning of turning around my life\u2026knowing that there were options that I didn\u2019t feel were there before.\u201d<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/www.sands-trustee.com\/personal-debt-consolidation\/consumer-proposals\/\">Learn more about Consumer Proposals<\/a><\/p>\n<p>Feeling as though he had \u201ca new beginning coming\u201d, and a path to move forward, he worked with Sands &amp; Associates on a financial plan that would allow him to regain control of his life. The daily worry, desperation and pressures he coped with for so long are behind him: \u201cIn a short three years I\u2019ve gone from being $100,000 in debt to almost the same amount of money in the bank\u2026within the next six months I\u2019ll be buying a home.\u201d<\/p>\n<blockquote><p><em>\u201c\u2026it allowed me to concentrate on other things in my life as well and working on making my stability, not just financially but mentally, physically\u2026\u201d <\/em><\/p><\/blockquote>\n<p>Looking back even now, Peter says he still wonders \u201cwhere things went sideways\u2026what I could have done differently\u2026and there\u2019s not a lot.\u201d<\/p>\n<p>He decided to share his own story, with the goal of giving comfort and hope to someone else who might be struggling: \u201c\u2026if all it does is change one person\u2019s then to me that is a good thing, because it changed my life.\u201d<\/p>\n<blockquote><p><em>\u201cI still have lots of life to live and I\u2019m enjoying every bit\u2026\u201d<\/em><\/p><\/blockquote>\n<p><strong>Connect with a caring Sands &amp; Associates debt expert \u2013 <\/strong><a href=\"https:\/\/www.sands-trustee.com\/free-debt-consultation\/\"><strong>book your free debt consultation<\/strong><\/a><strong> today.<\/strong><\/p>\n<hr \/>\n<h2><strong>What kind of debt help is available to me? <\/strong><\/h2>\n<p>Many people worry that no solution exists to help them deal with a debt problem \u2013 fortunately you DO have options when it comes to debt help. Licensed Insolvency Trustees are the one debt professional endorsed and empowered by the federal government to offer you debt help that can protect you from creditors and get you back on track.<\/p>\n<p>When you meet with a Licensed Insolvency Trustee, we will work to understand your situation and the reasons you are seeking help. Some people are seeking a debt consolidation option to streamline their debt repayment, others may be looking for a way to have all of their debts forgiven \u2013 whatever your goal, we can help you find the solution that makes the most sense for your needs. Some of the debt help options that we will review with you include:<\/p>\n<ul>\n<li>Debt consolidation loans;<\/li>\n<li>Consumer Proposals to consolidate and cut debts down to what you can afford to repay, interest-free;<\/li>\n<li>Credit counselling and other debt management plans;<\/li>\n<li>Personal bankruptcy and business bankruptcy if you are unable to maintain debt payments.<\/li>\n<\/ul>\n<p>Licensed Insolvency Trustees like Sands &amp; Associates can help you learn about your debt options regardless of your credit score or income \u2013 we understand that money problems can happen to anyone at anytime.<\/p>\n<p><strong>Ready to get started? Your debt-free future is waiting. <\/strong><a href=\"https:\/\/www.sands-trustee.com\/free-debt-consultation\/\"><strong>Book your free debt consultation<\/strong><\/a><strong> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Life events beyond our control often have serious long-term financial consequences. Despite many people\u2019s best efforts, they\u2019re sometimes simply unable to continue to manage their debts on their own. It\u2019s important for consumers and business owners to know that legal debt solutions are available to help you turn around even the most challenging financial situation. [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":9010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[257,264],"tags":[38,39,74,37,120,242,43,238,70,204,35],"class_list":["post-9007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consumer-proposals","category-debt-free-success","tag-bankruptcy-bc","tag-bankruptcy-trustees","tag-bc-debt","tag-consumer-proposals","tag-credit-counsellor","tag-debt-advice","tag-debt-consolidation","tag-debt-help","tag-financial-stress","tag-licensed-insolvency-trustee","tag-sands-associates"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v26.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Debt Solutions | Debt-Free Success Story | Sands &amp; Associates<\/title>\n<meta name=\"description\" content=\"After losing his business Peter found himself unable to make enough money to pay his debts and living costs. 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