Dispelling Myths About Bankruptcy

J. Douglas Hoyes, Bankruptcy Trustee Ontario
Posted in Personal Bankruptcy
Posted by J. Douglas Hoyes, CPA, CIRP, CBV - TRUSTEE

Bankruptcy. We see it as one of those ugly, better-left-unsaid words that elicit a strongly negative reaction. But is our distaste completely warranted? Sure, it’s not a pleasant concept, but so much of the stigma attached is due to commonly believed myths about bankruptcy that emerge from misconceptions and misinformation. We hear certain myths about […]

Oct 15, 2013

I've Filed Bankruptcy & Collection Agents Are Still Calling

Joel Sandwith, Licensed Bankruptcy Trustee London & Sarnia Ontario
Posted in Personal Bankruptcy
Posted by Joel Sandwith, BA - TRUSTEE

You made the decision to deal with your debts. You met with a trustee, filed bankruptcy and have a plan to get your fresh start. So why are you still receiving calls from collection agents telling you to pay up? You're sure you gave all the information to your trustee but you just got a notice […]

May 28, 2015

Managing Debt In A Boom & Bust Economy

J. Douglas Hoyes, Bankruptcy Trustee Ontario
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CPA, CIRP, CBV - TRUSTEE

Recently, oil prices have declined, affecting the finances of those who work and/or live in a boom-bust economy. Alberta is a prime example of this type of economy, but the sting is also being felt in Newfoundland and Labrador. Our guest Ian Penny talks about how eastern Canadians are managing debt in the recent down cycle.

May 23, 2015

Show #38 - Full Transcript - Debt In A Boom & Bust Economy

J. Douglas Hoyes, Bankruptcy Trustee Ontario
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CPA, CIRP, CBV - TRUSTEE

Listen to the podcast - Managing Debt In A Boom & Bust Economy Doug H:            Welcome to Debt Free in 30, the show where every week we take 30 minutes and talk to industry experts about debt, money and personal finance. I'm Doug Hoyes. I've got a good guest today so I want to get […]

May 23, 2015

How To Check Your Credit Report

Ian Martin, Licensed Bankruptcy Trustee Kitchener Ontario
Posted in Debt Help
Posted by Ian Martin, CPA, CIRP - TRUSTEE

Reviewing your credit report at least once a year is part of a healthy financial routine.  What you should be on the lookout for, is errors or out-of-date information. This annual routine is important because you don’t want inaccurate information to hold you back from achieving your financial goals.  Here are some big reasons to check […]

May 21, 2015

How To Deal With Tax Debts: An Infographic

Posted in Debt Help

The Canada Revenue Agency (CRA) is what we call an involuntary creditor. The CRA does not lend you money, but if you do not pay your taxes they become your creditor. If you owe money to the Canada Revenue Agency, there are steps you can take to deal with that debt. It is even possible […]

May 19, 2015

Cambridge Tour de Grand 2015

Howard Hayes, Licensed Bankruptcy Trustee Cambridge and Brantford Ontario
Posted in In The News
Posted by Howard Hayes, Btec, CIRP - TRUSTEE

I’m very pleased to announce that Hoyes, Michalos & Associates Inc. will once again be a proud sponsor of this year’s Cambridge Tour de Grand to be held Sunday, June 14th, 2015. The Cambridge Tour de Grand is an annual recreational bicycle event. As a keen cyclist, I am thrilled we are able to lend some support […]

May 18, 2015

What's The Right Way To Consolidate Debt?

J. Douglas Hoyes, Bankruptcy Trustee Ontario
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CPA, CIRP, CBV - TRUSTEE

We talk with licensed mortgage agent, Mark Moreau to get his take on loaning against your home. He talks about the process of refinancing a home through a secured line of credit or second mortgage.

May 16, 2015

Show #37 - Full Transcript - Debt Consolidation

J. Douglas Hoyes, Bankruptcy Trustee Ontario
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CPA, CIRP, CBV - TRUSTEE

Listen to the podcast about What's The Right Way To Consolidate Debt Doug H:            Welcome to Debt Free in 30, the show where every week we talk to industry experts about debt, money and personal finance. I'm Doug Hoyes. So, you've got a bunch of debts. You owe money on three different credit cards, and […]

May 16, 2015

You Should Pay Off Your Debts (Unless You're In Over Your Head)

J. Douglas Hoyes, Bankruptcy Trustee Ontario
Posted in Debt Help
Posted by J. Douglas Hoyes, CPA, CIRP, CBV - TRUSTEE

If you have debts, you should pay them off. That statement is so obvious that no one would disagree with it. Except me, in one circumstance. I agree that if possible you should pay off your debts on your own. You borrowed the money and it's always best if you can pay it off. Paying off your […]

May 14, 2015

The Kidney Foundation Celebrity Men Fashion Event

Scott Schaefer, Licensed Bankruptcy Trustee Kitchener Ontario
Posted in In The News
Posted by Scott Schaefer, CPA, CIRP - TRUSTEE

Hoyes, Michalos & Associates Inc. is proud to once again sponsor The Kidney Foundation of Canada Celebrity Men Fashion Event in Kitchener-Waterloo.  We are happy to support such a great cause that affects so many people in our community. Back by popular demand, I am returning as one of the models.  Good health is important […]

May 11, 2015