10 Free Tools

Free Bankruptcy & Debt Relief Wizards

Free interactive bankruptcy and debt wizards: bankruptcy vs proposal, debt relief options, means test, garnishment response, and rebuilding credit.

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Bankruptcy or Consumer Proposal: Which Fits My Situation?
Compare bankruptcy against a consumer proposal (Canada) or Chapter 7 versus Chapter 13 (US) based on your debt, income, and assets — and see which path protects what matters most.
Canada & US4–5 minutesFree
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Which Debt Relief Option Is Right for Me?
Work through your debt, budget, and goals to see which relief option fits — from credit counselling and consolidation to a consumer proposal, Chapter 13, or bankruptcy.
Canada & US4–5 minutesFree
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Am I Ready to File a Consumer Proposal?
Check whether a consumer proposal fits your debt, income, and assets — the $250,000 limit, what payment creditors accept, and what makes a proposal succeed or fail.
Canada & US3–4 minutesFree
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Do I Qualify for Chapter 7 Bankruptcy?
Work through the Chapter 7 means test — median-income comparison, disposable income, prior-filing bars, and consumer-debt rules — to see whether you qualify for a fresh start.
Canada & US4–5 minutesFree
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Would a Chapter 13 Repayment Plan Work for Me?
Assess a Chapter 13 repayment plan — regular-income eligibility, curing mortgage and car arrears, plan length by income, debt limits, and keeping assets you'd lose in Chapter 7.
Canada & US4–5 minutesFree
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How Do I Handle Debt Collectors?
Know your rights with debt collectors — FDCPA and provincial rules, disputing and validating debts, limitation periods, and responding to a collection lawsuit before default.
Canada & US3–4 minutesFree
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How Do I Stop or Respond to Wage Garnishment?
Understand wage garnishment limits and your options — CCPA and provincial caps, exemption and hardship claims, challenging the judgment, and how insolvency filing stops it fast.
Canada & US3–4 minutesFree
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How Do I Plan a Realistic Debt Settlement?
Plan a debt settlement that actually works — lump-sum leverage, realistic discounts, written 'paid in full' terms, tax on forgiven debt, and when a proposal beats settling.
Canada & US3–4 minutesFree
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Am I Insolvent? A Self-Assessment
Apply the two legal tests for insolvency — the cash-flow test and the balance-sheet test — to see whether you qualify for formal debt relief and how urgent your situation is.
Canada & US3–4 minutesFree
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How Do I Rebuild Credit After Bankruptcy?
Build a step-by-step plan to rebuild credit after bankruptcy or a consumer proposal — how long it stays on your report, secured cards, on-time payments, and avoiding repair scams.
Canada & US3–4 minutesFree
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About These Bankruptcy & Debt Tools

Overwhelming debt feels like a dead end, but there is almost always a structured way out — and the right option depends on your income, assets, and which debts you owe. These free wizards work through your specific situation and produce a personalized report: the debt-relief options you qualify for, the trade-offs, the deadlines, and the questions that make a Licensed Insolvency Trustee or bankruptcy attorney consultation count.

Not sure where to start? The debt-relief-options finder compares informal settlement, consumer proposal, and bankruptcy. Facing garnishment or collections? Those wizards map your rights and fastest protections. Weighing formal insolvency? The bankruptcy-vs-proposal selector and means-test/eligibility wizards show what each route costs and protects. Every wizard covers both Canada (LIT, consumer proposal, surplus income) and the US (Chapter 7 means test, Chapter 13 plans).

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Frequently Asked Questions

Should I file bankruptcy or a consumer proposal?
A consumer proposal (Canada) or Chapter 13 plan (US) lets you keep assets and repay a portion over time, while bankruptcy (or Chapter 7) discharges most debts faster but may involve surrendering assets. The bankruptcy-vs-proposal wizard compares cost, credit impact, and asset protection for your situation.
Can creditors garnish my wages?
Within limits. US federal law (CCPA) caps most garnishment at 25% of disposable income, some states prohibit it, and Canadian provinces set their own exemptions. Filing insolvency triggers an automatic stay that stops most garnishment. The garnishment wizard maps your protections.
How long does bankruptcy stay on my credit?
Typically 6–7 years for a first bankruptcy or consumer proposal in Canada, and 7 (Chapter 13) to 10 (Chapter 7) years in the US. The credit-rebuild wizard shows how to start recovering immediately after discharge.
What is the means test?
In the US, the Chapter 7 means test compares your income to your state median to determine eligibility; above it, Chapter 13 may apply. Canada uses OSB surplus-income thresholds instead. The eligibility wizard runs the test for your jurisdiction.
Do these wizards cover both Canada and the US?
Yes — each wizard asks your jurisdiction and adjusts to Canadian insolvency (LIT, proposal, surplus income) or US bankruptcy (Chapter 7/13, means test, exemptions) accordingly. Consult a Licensed Insolvency Trustee or bankruptcy attorney.

These tools provide general legal information only — not legal advice. They do not predict outcomes and do not replace consultation with a qualified lawyer. If you have an urgent legal matter, contact a lawyer immediately.

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