Trustee/Administrator
Decision Tree

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2. Self Employment

Is the Debtor self employed?

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3. Income / Job Stability

Personal Tax Returns filed for the previous 2 years
(provide Notice of Assessments from CRA)

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4. Income Verification

2 recent pay stubs provided

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5. Net Income Guidelines

Meet Encore Credit's Net Income Guidelines:

FAMILY OF 1 = $2,611
FMAILY OF 2 = $3,251
FAMILY OF 3 = $3,996
FAMILY OF 4 = $4,852
FAMILY OF 5 = $5,504
FAMILY OF 6 = $6,206
FAMILY OF 7 = $6,910

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6. Proposal Payment

Calculate Standard Consumer Proposal Payment

Can Debtor afford a 35% NET to creditor repayment
(based on a standard 60 month proposal)

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7. Total Debt Service Ratio

Use the calculator below to find your TDS Ratio.

Is your TDS Ratio under 58%?

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You Meet Encore's
Lending Criteria!

8. Send signed Consent Form along with Application
9. Send signed Authorization along with Application

Declined

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