Free Debt Calculators

These tools provide estimates based on typical scenarios and provincial laws in Canada. Your actual results may vary based on your specific financial situation, creditor negotiations, and other factors. For personalized advice, consult a Licensed Insolvency Trustee who can review your complete financial picture. All calculators are educational tools, not financial advice.

No. All calculators are 100% free with no signup, email, or personal information required. Your data stays in your browser and is never transmitted to our servers. We don't collect, store, or share any information you enter into these calculators.

Start with the Consumer Proposal Calculator if you have $10,000+ in unsecured debt — it shows potential savings of 60–80%. Use the Wage Garnishment Calculator if your wages are currently being garnished to check if it exceeds legal limits. Use the Statute of Limitations Checker for old debts you're unsure about.

Consumer proposals typically eliminate 60–80% of unsecured debt, making them the highest-savings option for most Canadians with $10,000+ in debt. Bankruptcy eliminates 100% but has greater credit and asset impacts. Use our Consumer Proposal Calculator to see your specific potential savings based on your debt amount and income.

Licensed Insolvency Trustees (LITs) offer free initial consultations across Canada. They're federally regulated professionals who can file consumer proposals and bankruptcies. Find a Licensed Insolvency Trustee to prepare for that conversation with your calculator results.