We offer you a free tool to estimate your consumer proposal in a simple and fast way.
Complete the calculator and see how much you could save on your debts with the help of a consumer proposal.
Tool provided by
Please note: You must have at least $5,000 of debts to design a consumer proposal
Eg. cellphone, electricity, internet, etc.
Do not include loans for assets: boat, snowmobile, RV, etc.
If you owe money to Revenue Canada or Revenu Québec
Eg. self-employed, pensions, employment insurance, government benefits, etc.
Market value of your home minus your mortgage balance
If you have a paid car (not financed or leased), enter its value here
With the exception of your RRSPs
You must have a minimum of $5,000 of debt to design a consumer proposal.
Your monthly payments are estimated to 5% of your debt total.
If you consolidate your debts at an interest rate of 5% over 5 years
Over 60 months, without interest
The consumer proposal might not be viable because the monthly payment is more than 20% of your income
The above amounts are calculated based on the limited information you have provided to us and are estimates only. Only a Licensed Insolvency Trustee (LIT) is able to give you a complete picture of a possible consumer proposal.
If you would like to proceed with a consumer proposal to reduce your debt, we invite you to make an appointment with a financial reorganization advisor from Pierre Roy & Associés. The advisor can review your situation and answer all your questions. This first meeting is free of charge and without obligation.