Orderly Payment of Debts Calculator
Calculate Your Monthly OPD Payment
If it appears that your total amount of unsecured* debt will be impossible to pay off, consider the OPD program rather than declaring bankruptcy. Our handy calculator below will give you an idea of what your monthly repayment costs would be under the program. If your monthly result will not fit in your budget, one of our credit counselors can examine your particular situation and provide further guidance in making your debt-free future a reality.
* Unsecured debts are debts that you have not pledged an asset towards such as credit cards, taxes, student loans and medical bills.
Use this formula to give you an estimate of your payment to repay your unsecured debts through the Orderly Payment of Debts Program. Then you can work out how the payment fits into your spending plan.
Enter your total unsecured debt:
( sample: 53200 - not 53,200.00 )
Your monthly OPD payment is:
What do I do now?
Think of your own personal circumstances and consider that:
- a shorter or longer term may suit you better
- other commitments may end soon (like a car payment), allowing you to increase some or all of your payments to pay off the debt sooner
- you have more cash flow than you thought, so perhaps you can pay off your debt yourself
Our credit counsellors will review your situation in detail to assist you in determining how you can make things work with your spending plan, reviewing all your options to help you make the best choice for you.
Call us today to book a free appointment to discuss your unique situation. We will help get you on the right track to managing your money for your future success.
Call us today at 1-888-294-0076 or email firstname.lastname@example.org for a free appointment
To take our online quiz please view this page on our desktop site.