This is a free, no-pressure way to estimate what a consumer proposal might cost you each month. Enter your total unsecured debt and the tool gives you a planning estimate, plus a clear explanation of what that number does and does not mean. It is an estimate for your own planning, not an offer or an approval.
⚠ This tool gives estimates only. It is a planning aid, not a legal assessment. For an accurate picture of your situation, get a free DACL assessment.
In a consumer proposal you repay only part of what you owe. The accepted portion varies widely, commonly around 20 to 40 percent and sometimes higher. This slider is an assumption you can explore, not a quote. Only a Licensed Insolvency Trustee can set the real figure.
A consumer proposal term cannot exceed 60 months (five years) under the Bankruptcy and Insolvency Act.
Enter your total unsecured debt above to see an estimate.
A consumer proposal calculator estimates a possible monthly payment if you filed a consumer proposal. This tool uses one input: your total unsecured debt. It gives a planning estimate, not a quote, an approval, or a guarantee. A consumer proposal can only be filed and administered by a Licensed Insolvency Trustee under the Bankruptcy and Insolvency Act. The maximum term of a consumer proposal is five years, or 60 months. Debt Advisors Canada does not file proposals. It offers a free assessment and refers you to a trustee when a formal filing fits.
You do not enter your income, your SIN, or any account numbers. The tool does not score you or decide whether you qualify.
Put simply, the number is a planning estimate. It is not an offer, an approval, an eligibility decision, or a guarantee of acceptance or savings.
Here is what the estimate can and cannot tell you. It can give you a rough sense of what a monthly proposal payment might look like, so you can size up the option before you talk to anyone. It cannot tell you what your actual payment would be. That figure is set through a Licensed Insolvency Trustee process, based on your full situation and your creditors' response, not by this tool and not by DACL.
The term matters too. A consumer proposal runs for a maximum of five years, or 60 months, under the Bankruptcy and Insolvency Act. The estimate spreads the planning figure over up to that term.
The rule of thumb is simple. Use the estimate to decide whether a proposal is worth looking into. Use a free assessment, and ultimately a trustee, to find out what it would really cost.
A consumer proposal is a formal, legally binding agreement to repay a portion of what you owe, usually over up to five years. A Licensed Insolvency Trustee files and administers it under the Bankruptcy and Insolvency Act. It is one option among several, and it is not right for everyone.
For the full picture, including cost, process, and pros and cons, see what a consumer proposal is on the /consumer-proposal page. To weigh it against other paths, compare consumer proposal vs bankruptcy on /resources/consumer-proposal-vs-bankruptcy or consumer proposal vs debt consolidation on /resources/debt-consolidation-vs-consumer-proposal.
The estimate is a starting point. Several things shape the real figure, and a Licensed Insolvency Trustee would assess all of them:
To be clear, these are factors a trustee weighs, not a DACL score and not an eligibility test. DACL does not decide who qualifies for anything.
Debt Advisors Canada assesses your situation, explains your options in plain language, and refers you to the right professional when a formal solution is involved. DACL is not a Licensed Insolvency Trustee, a lender, a law firm, or a government program. It does not file or administer consumer proposals, and it does not guarantee acceptance or savings. Where a proposal fits, DACL explains it and connects you with a trustee. Where something simpler fits, it tells you that too.
This is an educational estimate for planning only. It is not an offer, an approval, an eligibility decision, or a guarantee of acceptance or savings. A consumer proposal can only be filed and administered by a Licensed Insolvency Trustee, and your actual payment is determined through that process, not by this tool or by Debt Advisors Canada. DACL provides a free, no-pressure assessment and can help you understand your options and next steps.
Helping Canadians since 2009.
No. It gives a planning estimate only. There is no approval or eligibility decision here. Only a Licensed Insolvency Trustee determines an actual proposal.
It is a planning estimate, not a quote. Your real payment is set through a trustee-administered process based on your full situation, so the actual figure can differ from the estimate.
Up to a maximum of five years, or 60 months, under the Bankruptcy and Insolvency Act.
No. Only a Licensed Insolvency Trustee can file and administer a proposal. DACL gives you a free assessment and helps you understand your options and next steps.
A free assessment can compare it with options like debt consolidation or other paths, with no pressure. You decide what to do next.
A short, free, confidential assessment is the simplest way to find out whether a consumer proposal fits, and what it would actually cost. There is no charge and no obligation.
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