A negotiated settlement to pay all or a portion of your unsecured debt over a maximum of five years.
an option that permits an honest but unfortunate debtor to get relief from his or her debts while treating creditors equally and fairly.
providing education on proper money management, including budgeting techniques, the proper use of credit and debt repayment strategies.
Termination of a non-viable business
A process dedicated to corporate renewal
An agreement between a business and its creditors to restructure its debt
A federal law that allows insolvent corporations with debt
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
A debt consolidation loan is a loan you acquire from your bank to pay all your individual unsecured creditors in full.
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.
For further information, please refer to these online resources.
Enter the estimated total value of your unsecured debts to see the various repayment options.