Managing Your Debt (2009)

This fact sheet is one in a series developed by Money Mentors, a not-for-profit credit counselling and money management organization based in Alberta.

Among the tips the authors provide are reconsidering personal budgets; refinancing or consolidating loans; borrowing from family or friends; negotiating with creditors; and declaring bankruptcy.

They also describe the Orderly Payment of Debts (OPD) program, available to Alberta residents through Money Mentors. It is designed to help individuals pay off unsecured debts at a reduced interest rate, and provides protection from legal action such as garnisheeing wages.

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APA citation
Money Mentors. Managing Your Debt 2009. Web. 29 Nov. 2021 <>
Money Mentors (2009). Managing Your Debt. Retrieved November 29, 2021, from
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