Our glossary will guide you through language we may know like the back of our hands, but that others may not—like what insolvent means
Debt Consolidation Loan
A debt consolidation loan is a loan you acquire from your bank to pay all your individual unsecured creditors in full.
Orderly Payment of Debt
The Orderly Payment of Debt (OPD) program, also known as a Debt Consolidation Order, is when the Court grants an Order to consolidate all of your unsecured debt.