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We always felt that we could ask you anything and knew you would help us without judgment and with sure knowledge.

- Grant Thornton Limited client

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We always felt that we could ask you anything and knew you would help us without judgment and with sure knowledge.

- individual we've assisted

» Read success stories


Orderly payment of debt (OPD)

An OPD is also referred to as a Consolidation Order and is an Order from either the Court of the Queen's Bench (Alberta) or Her Majesty's Court of the Queen's Bench (Saskatchewan). This program is available in Alberta, Saskatchewan, Prince Edward Island and Nova Scotia.

Under an OPD, the court will consolidate your loans and you will pay an administrator (Money Mentors of Alberta is an example of an administrator) who will pay your unsecured creditors on your behalf at an interest rate of 5% per annum within four years. The term can be extended for longer periods but this may damage your credit rating more than a bankruptcy. An OPD protects you against garnishments and allows you to keep your assets such as your home and car.

Learn more: www.moneymentors.ca   1.888.294.0076

We can help

Our Licensed Insolvency Trustees (formerly called Trustee in Bankruptcy or Bankruptcy Trustee) and Estate Managers believe everyone deserves a financial fresh start, while being treated with dignity and respect. We have offices conveniently located in Calgary, Edmonton, throughout Alberta, and across Canada.

To speak to someone now call us at 310-8888 for a free, no obligation, confidential consultation.

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