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

Seniors and Debt – Bag Lady Fears


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

Listen now, or subscribe and download at iTunes, or subscribe via our rss feed or download directly. Show #2 – Aging and Debt – Bag Lady Fears with Dr. Lee Anne Davies Show Summary In today’s podcast, Dr. Lee Anne Davies, co-author of When Life Bites You in the Wallet, discusses the financial challenges faced by seniors, […]

Sep 13, 2014

Seniors And Debt – Show #2 – Full Transcript


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

Seniors & Debt Podcast from http://www.hoyes.com/blog/seniors-and-debt-bag-lady-fears/ [Start of recorded material 00:00:25] Seniors and Debt Literacy Doug Hoyes:     Welcome to Debt Free in 30 where every week we take 30 minutes and talk to industry experts about debt, money and personal finance. I’m Doug Hoyes. Did you know that the fastest growing age group of people who […]

Sep 13, 2014

Should I File Bankruptcy: Medical Expenses and Care Obligations


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

“Medical bankruptcy” is very common in the United States, when high medical bills force people into bankruptcy.  We assume that because Canada has “free” health care medical bankruptcy doesn’t occur here, but that’s only partially true.  While it is true that hospital visits and doctor’s bills are covered in Canada, there are other medical bills associated with […]

Sep 11, 2014

First Debt Free in 30 Show – Ted Rants


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

In our first Debt Free in 30 Show, Doug Hoyes and Ted Michalos, co-founders of Hoyes, Michalos & Associated talked about what they wanted to achieve from the show. We explain the goal of the show which is to bring in a variety of guest speakers who can provide an interesting perspective on debt, money and personal finance. We hope to bring you not only interesting conversations, but practical advice on what you can do to become debt free.

Sep 6, 2014

Debt Free in 30 Show #1 – Full Transcript


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

Podcast #1 from http://www.hoyes.com/blog/first-debt-free-in-30-show-ted-rants/ [Start of recorded material 00:00:19] Introduction to the Show Doug Hoyes:     Welcome to Debt Free in 30 where every week we take 30 minutes and talk to industry experts about debt, money and personal finance. I’m Doug Hoyes, welcome to show number one. I’m joined today by my Hoyes, Michalos cofounder and […]

Sep 6, 2014

Grey Divorce Darkens Senior Years


Billy Martell, Licensed Bankruptcy Trustee Burlington, Hamilton Mountain & St. Catharines Ontario
Posted in Success Stories
Posted by Billy Martell, BA - TRUSTEE

It’s one thing to suffer the indignities of old age; it’s another to have to do so inside the cloud of a late-in-life return to being single. So-called “grey divorce” is a somewhat unflattering term that refers to the demographic trend of an increasing divorce rate for older couples whose marriages have spanned a significant […]

Sep 4, 2014

Payday Loan Help. Debt Consolidation and Debt Relief Options.


Posted in Debt Help

It is estimated that somewhere between seven and ten percent of Canadians use payday loans on a fairly regular basis to help make ends meet. It’s an understandable dilemma. The rent is due and you don’t have the cash. You need to pick up groceries or pay for a car repair but you don’t have […]

Aug 28, 2014

How To Deal with the Consequences of Declaring Personal Bankruptcy


Posted in Personal Bankruptcy

Most people view bankruptcy as the end of the road but in truth it’s just a beginning. Whether you file for bankruptcy or are able to make a deal with your creditors through a proposal, the upside is that you will be debt free at the end of the process. so while there are a […]

Aug 26, 2014

How to Rebuild Your Life and Thrive After Bankruptcy


Posted in Success Stories

This is the final post in a three-part series about how I went bankrupt and lost my business, survived bankruptcy’s emotional impacts and came out thriving. After I graduated from university, I realized my dream of becoming an entrepreneur and opening a spa. At first, business was booming. Three years later, the spa was hemorrhaging […]

Aug 21, 2014

Surviving the Emotional Impact of Bankruptcy


Posted in Success Stories

This post is the second in a three-part series about how I went bankrupt, faced all of the emotions that it brought up and rebuilt my life. To learn how it happened, read about the big mistakes that led to my bankruptcy. When I was 27, I realized my dream of opening an anti-aging spa. […]

Aug 20, 2014