Surplus income, proposal offers, plan payments and asset scenarios worked out step by step, plus checklists for meeting a trustee and keeping your duties.
Most debt relief decisions come down to a few sums: how much of your income the Superintendent's standards treat as surplus, how much your creditors would receive in a bankruptcy compared with a proposal, how much a debt management plan saves against minimum payments, and what happens to equity in a home or car. These guides take illustrative Canadian households and show every step, with the official rule each figure comes from.
Begin with the debt relief worked examples, which compare one household across four options. Then use the guides on the surplus income calculation, how a consumer proposal offer is sized, a debt management plan compared with a consumer proposal, the first meeting with a Licensed Insolvency Trustee, your home and car in a proposal or bankruptcy and counselling sessions and your duties. The tools let you rerun the main examples with your own numbers.
Calculations and Checklists
How a Licensed Insolvency Trustee sizes a consumer proposal offer in Canada: the bankruptcy benchmark, fees, the OSB levy, affordability and lump-sum offers, with worked numbers.
Calculations and Checklists
How a non-profit credit counselling debt management plan compares with a consumer proposal in Canada, with a worked $30,000 example, credit report effects and who each suits.
Calculations and Checklists
An illustrative Ontario borrower with $42,000 of unsecured debt compared across repaying, a debt management plan, a consumer proposal and bankruptcy, using 2026 rules.
Calculations and Checklists
How to prepare for a first consultation with a Licensed Insolvency Trustee in Canada, how to verify the trustee, documents to bring, questions to ask and what happens next.
Calculations and Checklists
What happens to your house, home equity, mortgage, car loan and leased vehicle in a Canadian consumer proposal or bankruptcy, with a worked equity calculation.
Calculations and Checklists
The two insolvency counselling sessions required in Canada, what they cover and cost, plus the duties of a bankrupt and of a consumer debtor, month by month.
Calculations and Checklists
A worked surplus income calculation for a Canadian bankruptcy using 2026 OSB standards, with irregular self-employed income, a partner's earnings and support payments.
