Easily Compare Payment Plans
The payment calculator is a tool to provide you with a preliminary overview and comparison of the 5 different restructuring plans available for your consideration in determining the restructuring plan that is best for you. The 5 restructuring plans include maintaining regular monthly payments to creditors, consolidation loans, orderly payment of debts, consumer proposals and bankruptcy. The calculator is not comprehensive or exhaustive and is intended for demonstration and discussion purposes only. There are many additional factors and variables that require consideration that are beyond the scope and capabilities of the calculator.
We invite you to contact our office to schedule your free, confidential, no obligation consultation to review your unique financial situation and to further evaluate the restructuring plan best suited to your unique financial situation to eliminate your debt and provide you with the fresh financial start you deserve.
Enter values to review different payment plans.
- Mandatory fields outlined in red.
- Mouseover the “?” icon for descriptions.
This calculator uses the following interest rates:
- Regular repayment: 17%
- Consolidation Loan: 12%
- Orderly payments: 5%
- Consumer proposal: 0%
- Bankruptcy: 0%
Total Regular Payments:
To see your debt repayment options please enter values in the form above.
Consolidation Loan:
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Orderly Payment of Debt:
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Consumer Proposal:
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Bankruptcy:
To see your debt repayment options please enter values in the form above.