A consolidation order is a court order consolidating personal unsecured debts. This order is available through the Orderly Payment of Debts program, created under Canada’s Bankruptcy & Insolvency Act. This program is only available in Alberta, Saskatchewan, Prince Edward Island and Nova Scotia. The provincial court issues a consolidation order – consolidating your unsecured debt into one monthly payment. The payment is calculated based on what you can afford and approved by your creditors. You will have to pay back 100% of your debts plus fixed 5% interest. You pay the court and the court makes payments to your creditors. A consolidation order is not available for business debts. Last Reviewed: October 2020