Canadian · Consumer proposals
Proposal payment affordability calculator.
Start from what you can afford each month, not from the debt. See how much a consumer proposal of that size delivers to creditors after fees, and what share of your debt it covers.
A proposal can run at most 60 months. Out of each payment, fixed fees come first ($1,500 trustee, $170 counselling, filing and registrar fees) and then the trustee takes 20% of what is distributed.
Inputs
What your offer delivers
Enter your details to see the result.
Why the offer is smaller than the payments
A consumer proposal must provide for the administrator's prescribed fees (BIA s. 66.12(6)(b)). Under Rule 129 these are $750 on filing, $750 on court approval and 20% of the money distributed, plus counselling, the filing fee, the registrar fee and sales tax. So a total of $18,000 paid over 60 months does not deliver $18,000 to creditors; this tool backs the fees out to show what does.
What the tool cannot tell you
Creditors vote on a proposal and may ask for a meeting or court review; the official receiver can also direct a creditors' meeting (BIA ss. 66.15, 66.22). Whether your offer is acceptable depends on your income, property and what creditors would receive in a bankruptcy, which a trustee assesses. Compare with the proposal vs bankruptcy calculator.
Sources, read 16 October 2026: Justice Laws - Bankruptcy and Insolvency Act, Justice Laws - Bankruptcy and Insolvency General Rules, OSB - indexed filing fee table, OSB - Directive No. 1R8, Counselling, OSB - Consumer proposals.
Frequently asked questions
What is the longest consumer proposal term?
Five years: the proposal must provide for its performance to be completed within five years (BIA s. 66.12(5)).
How much does the trustee take from my payments?
$1,500 in two instalments plus 20% of what is distributed, with counselling, filing, registrar fees and tax on top (General Rules s. 129).
What percentage of my debt will a proposal pay?
It depends on what you can offer and what creditors accept. This tool shows the figure for the payments you enter; it is not a prediction of acceptance.
Is this a settlement offer?
No. It is an estimate for planning. Your trustee prepares the actual proposal.
Estimate only — not legal advice
Estimate only. This tool is not legal, financial or insolvency advice. A Licensed Insolvency Trustee decides the figures that apply to you. Figures follow OSB Directive 11R2-2026 and the Bankruptcy and Insolvency Act and General Rules as published on 16 October 2026; they change, so confirm them. Nothing you enter is sent anywhere or stored.