learn your options
Send us and Email, Ask us a Question, or Have us Call You!
Preferred Contact Method

DEBT OPTIONS CALCULATOR

A Consumer Proposal is an option most people in financial difficulty don’t know about, but should. This website, its contents, and its principals, are committed to informing people about the Consumer Proposal option and advising them how they can avoid having to file bankruptcy and keep control over their lives, assets and finances.

Enter your total unsecured* debt and see the results below.

$
* Unsecured debt includes your normal bills, credit cards, lines of credit, bank overdrafts, and other unsecured personal loans (excluding student loans). It does not include mortgages or car loans which are normally secured by liens or charges against your assets or property.
loading chart…

Repay Debt on Your Own


Per month, over 5 years
  • Assume that you will pay back your unsecured debt in full
  • Pay back period: 5-years
  • Interest rate: 20% compounded annually

Debt Consolidation


Per month, over 5 years
  • Assume that you will pay back your unsecured debt in full
  • Pay back period: 5-years
  • Interest rate: 12% compounded annually

Credit Counseling


Per month, over 5 years
  • Assume that you will pay back your unsecured debt in full
  • Pay back period: 5-years
  • Interest rate: 5% compounded annually

Debt Settlement


Per month, over 5 years
  • Assume that you will pay back 100% your unsecured debt in full
  • Pay back period: 5-years
  • Interest rate: none

Consumer Proposal


Per month, over 5 years
  • Assume you will need to repay a minimum of 50% of your total unsecured debt
  • Pay back period: 5-years
  • Interest rate: none

If you can’t afford any of these options, personal bankruptcy might be right for you.

In general, a Consumer Proposal is a suitable option in situations when a person’s debts exceed $10,000, to a maximum of $250,000.

MORE FEATURES TO HELP YOU TODAY


calendar iconRequest an Appointment
Talk to or meet with a Local Expert
who can help you.More...
computer iconFree Online Evaluation
Receive some Professional Feedback.
Free of Charge!More...
calculator iconDebt Repayment Calculator
Compare repayment options and
monthly payments.More...
small logo section dividing line
Lethbridge Bankruptcy Service
Cameron-Okolita Inc.
1274 3 Avenue S
Lethbridge,AB T1J 0J9
403-394-0099
We're located directly west of First Choice Savings and Credit Union, slightly west of the 13 Street S and 3 Avenue S intersection.
FREE PARKING - EASY ACCESS