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 […]
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 […]
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.
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 […]
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 What you should be on the lookout for, is errors or out-of-date information.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 […]
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 […]
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 […]
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.
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 […]
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 […]
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 […]