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There is no quick way out of debt.
But there is a way.

The OPD Program

What is the Government of Alberta Orderly Payment of Debts program?

Money Mentors is the only provider of the federally legislated Orderly Payment of Debts (OPD) program, which is designed to be flexible and tailored to any Albertan’s busy lifestyle. It’s also a stress-free way of consolidating all of your debts into one easy payment plan.

FREE OPD Assessment - How much will your payments be?

Enter your total unsecured debt:

( sample: 53200 - not 53,200.00 )


To take our online quiz please view this page on our desktop site.

For more information on the Orderly Payment of Debts, check our FAQ page or call 1-888-294-0076.

The Difference Between Bankruptcy and OPD

Poor and rich businessmen

If you’re having trouble paying debts and are considering bankruptcy, we can help. Declaring bankruptcy is a legal way to handle your debts, but it is not the best option for everyone. Depending on the situation, bankruptcy can stay on your credit report for 6 to 14 years in Canada, which could affect your ability to get credit later.

As a positive alternative to bankruptcy, Alberta residents can use the OPD program. This program combines all unsecured debts into one monthly payment at a fixed interest rate of 5%.

The OPD program was designed with flexibility in mind so it can be tailored to any Albertan’s lifestyle. Clients within the program are able to monitor their progress by logging onto their online profile on

Benefits of Debt Consolidation through OPD:

  • No start-up fees
  • Fixed 5% interest rate
  • Government-approved
  • Protection against creditor action (collection calls stop)
  • All unsecured debts are consolidated into one program
  • Access to a counsellor for added guidance and support every step of the way
  • Clients learn money management skills by enrolling into FREE financial seminars and courses

Debts covered under the OPD program:

  • Credit cards
  • Personal loans
  • Overdrafts
  • Lines of credit
  • Unsecured loans
  • Utility and cell phone bills for discontinued services
  • Student loans
  • Payday loans
  • Income tax and over-payment of social services
  • Term loans

Debt Relief Options and Resources

Everyone’s debt situation is different, which means every client needs a unique and customized approach. Our counsellors have access to a wealth of additional resources so clients can get any additional assistance they need through our network of referral services.

  • Legal Services: Pro Bono Law, Legal Aid and other resources are available.
  • Service Alberta: Offers tip sheets and other resources
  • Community Services: Food banks, Family and Community Support Services (FCSS)

A credit counsellor will explore all debt relief options with you and provide information so you can confidently tackle your debt the best way possible. To speak to Money Mentors about the OPD program, call 1-888-294-0076, e-mail us at or visit one of our 6 Alberta locations.


Find more information on credit counselling, money coaching or visit our Learning Centre for financial education videos, a debt management quiz, spending plan forms, financial calculators, tip sheets on dealing with debt, saving strategies and more.


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