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Reduce Debt
Learn about government debt relief programs that can reduce debt up to 80%.
CalculatorDebt Payoff Calculator
Find out much would your monthly payments would be to
repay your debts in 5 years
Approximate Monthly Payment Over 5 Years
Approximate Total Cost Over 5 Years
$304.72
$266.93
$200.00
$70.00
A consumer proposal is a great way to deal with your debts and avoid bankruptcy in Canada. You have the option of filing a consumer proposal for up to five years, which will result in a lower payment however you can pay off a consumer proposal as quickly as you want, with no penalties. If you owe more than $10,000 and are having trouble making your monthly debt payments, talk to a Licensed Insolvency Trustee about how a consumer proposal can help.
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