Online Debt Calculator | Debt Help | Sands & Associates

Understand Your Debt Options and Choose the Solution that Fits

Many Canadians are amazed to learn about all the debt resolution options available to them. A Consumer Proposal, for example, can provide a debt reduction of up to 80% or more, an immediate interest freeze, and manageable monthly payments, all while being protected from the stress of creditor calls and actions.

During your free confidential debt consultation with Sands & Associates, we will discuss all debt management options available to you, including debt consolidation, filing a Consumer Proposal, considering Personal Bankruptcy, or simply give you sound advice on debt strategies you can undertake without a formal debt restructuring process.

Our goal is to help you become debt-free and equip you with the information and tools you need to achieve a financial fresh start with confidence.


plan-iconFour Options to Eliminate Debt

Our online Debt Options Calculator will instantly show you a breakdown illustrating four key options for eliminating your unsecured* debt over a three-year period. (*excluding your mortgage and car loan)

The four main options we will compare and explain are:

You can also choose to have this debt solution comparison emailed to you by clicking “Send Report” at the bottom of the graphic.

To explore details about your debt options, book a free confidential consultation with a representative at a Sands & Associates location near you.

What is Your Total Debt?

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Key Assumptions

Pay in Full
Debt Consolidation
Credit Counselling
Consumer Proposal

Review and Assess Your Financial Situation

If you’re unable to make more than minimum monthly payments on your debts, rely on credit to meet your monthly expenses, or are being harassed by creditors, please know that you are not alone and there are options available to you. You can move forward without debt.

Many people feel anxious about contacting an advisor about their debts. At Sands & Associates, we are here to help you manage your situation – judgement free. We’ll start our conversation by asking you about your financial goals. For most people we work with, their goal is to become debt-free.

A Licensed Insolvency Trustee is your best ally and the only professional who is qualified to advise you on all of your options to achieve a financial fresh start. The first step is to meet with us to assess your situation – no jargon or confusion – just clear, practical advice.

Achieve Freedom from Debt

Since 1990, our team of debt help professionals has helped tens of thousands of people eliminate the daily burden of debt from their lives. Our clients agree that dealing with their debts has significantly improved both their financial and physical wellbeing. Whether it’s a reduction in the debt you repay, a permanent interest freeze, stopping harassing collection calls, or ensuring the protection of your assets –  we can help.

When seeking expert debt advice, always be sure that you are speaking with a Licensed Insolvency Trustee – they are the only debt professionals designated by the federal government and empowered by law to shield you from your creditors. We’ll work with you to create a tailored plan that allows you to meet your financial goals. Rest assured, Sands & Associates can help you take charge of your future – you have nothing to lose but your debt!

Need a Reason to Meet with Sands & Associates?

Here are Four Reasons to Book Your Free Consultation Today!

  1. Debt stress is real stress
    No one is immune to stress and its negative effects. Most people in debt feel overwhelmed and struggle to cope. For some, the stress can become so great that it damages their personal relationships, causes emotional distress, and causes or exacerbates physical ailments. Anxiety, depression, feelings of hopelessness about the future, stomach ulcers, and trouble sleeping are a few of the common ways debt stress can manifest. Taking steps to improve your financial situation can have a dramatic impact on your health, well-being and outlook. Many of our clients have told us that they lead happier and healthier lives since managing their debts, and wish they had met with us sooner.
  2. The decision to take charge of your debts puts you back in the driver’s seat
    Debts are often caused by outside events such as divorce, health problems, unexpected events or loss of income. While those issues can be solved, the debts they create can become a long-term problem. Deciding on a path that will eliminate your debt not only helps you regain control of your situation, it also marks the beginning of your financial fresh start. During your debt consultation, a qualified professional will inform you of your rights and options for debt resolution. The knowledge and guidance you receive will allow you to make the best possible decision for your situation, so you can move forward positively and confidently.
  3. Knowing is not owing
    There are many misconceptions about debt solutions that can stop people from taking action. Many people believe that bankruptcy is a highly public process and that their employers will be notified if they file. This is false. Another common myth is that it is impossible to get credit after filing a Consumer Proposal or Personal Bankruptcy. This is also untrue. Re-establishing credit two to three years after bankruptcy is often achievable to be considered for mortgages and car loans. Don’t let misinformation stop your progress. We provide clear explanations and practical insight so you can better understand your debt relief options. We are here to answer your questions and help you overcome your situation.
  4. A debt-free future is waiting
    Imagine how different your life would be without the burden of debt. While it may feel hopeless right now, it is important to know that there is a solution for you. It is possible to achieve a financial fresh start. We understand that taking the first step toward debt resolution can feel daunting.

Our team of Licensed Insolvency Trustees is committed to creating an environment where you can feel comfortable discussing your finances. Empathy and empowerment of each individual are fundamental to our approach. We are here to restore your faith in your financial future and arm you with the insight you need to make an informed decision to move forward and become debt free.

Book a Free Consultation in an Office Near You