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

Family Debt Crisis: An Oshawa Success Story


Posted in Success Stories

Sometimes it helps to learn from others experiences. It can also be a relief to know that you are not alone in your struggles to deal with debt problems. Today we start the first of our new blog posts about client case studies. Each month we will provide a new case study of debt scenarios we […]

Nov 20, 2014

Year End Wrap Up Show


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

Subscribe and download at iTunes or using the Stitcher app, or subscribe via our rss feed or download directly, or listen now: EDIT LIBSYN LINK What we learned this year For our final show of 2014 we play some clips from our most popular guests. In show #1 our guest was Hoyes Michalos co-founder Ted Michalos, who explained […]

Nov 18, 2014

The Pros and Cons of Canadian Bankruptcy


Rebecca Martyn, Licensed Bankruptcy Trustee Chatham, Leamington & Windsor Ontario
Posted in Personal Bankruptcy
Posted by Rebecca Martyn, CPA, CGA, CIRP - TRUSTEE

If you are thinking about filing for bankruptcy in Canada, it is important to know the pros and cons of bankruptcy before you file. Pros: The creditor calls will stop. When you file for bankruptcy, your creditors are no longer able to contact you for collection of the debt. Bankruptcy stops most wages garnishments. When you […]

Nov 18, 2014

Turning Debt into Hope with Chris deVries


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

Subscribe and download at iTunes or using the Stitcher app, or subscribe via our rss feed or download directly, or listen now: How a Financial Counsellor (and ex-banker) Helps Turn Financial Problems into Hope Show Summary Our guest today is Chris deVries, who worked for over 13 years with a large Canadian bank.  The morning […]

Nov 15, 2014

Turning Debt into Hope – Chris deVries – Show 11 Full Transcript


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

From podcast Turning Debt Problems into Hope with Chris deVries [Start of recorded material]    [00:00:00] Doug H:            Welcome to Debt Free in 30. My name is Doug Hoyes This is the weekly show where we talk about money, debt and person finance. I’ve got a great guest with me here today so let’s get started. […]

Nov 15, 2014

4 Stages of A Consumer Proposal


Posted in Consumer Proposals

If you are wondering how a consumer proposal works, our infographic makes the process easy to understand by looking at the 4 stages of a proposal: Stage 1: Assessment & Payment Plan Stage 2: Filing & Voting Stage 3: Making Payments Stage 4: Completion & Credit Repair

Nov 13, 2014

How To Interview Your Consumer Proposal Administrator (or any debt advisor)


Rebecca Martyn, Licensed Bankruptcy Trustee Chatham, Leamington & Windsor Ontario
Posted in Consumer Proposals
Posted by Rebecca Martyn, CPA, CGA, CIRP - TRUSTEE

I’d like to tell you about someone who came to talk to me about filing a consumer proposal. I’ll call him Paul (not his real name). What makes this an interesting story is that at his initial consultation meeting Paul had some very good questions about what we do, in particular how a consumer proposal administrator compared to other […]

Nov 11, 2014

Ellen Roseman: Financial Literacy Starts with Being Suspicious


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

Subscribe and download at iTunes or using the Stitcher app, or subscribe via our rss feed or download directly, or listen now: Show #10 – Be Suspicious To Improve Your Financial Literacy – Ellen Roseman Show Summary Today’s guest is Ellen Roseman, a columnist for the Toronto Star, author of many books, and a well known consumer advocate. […]

Nov 8, 2014

Ellen Roseman – Show #10 – Full Transcript


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

Full Transcript for Show #10 – Ellen Roseman – Financial Literacy Starts with Being Suspicious [Start of recorded material at 00:00:00] Doug Hoyes:     Welcome to Debt Free in 30, I’m Doug Hoyes. My guest today is Ellen Roseman, a columnist for the Toronto Star and author of many books on personal finance. It’s Financial Literacy […]

Nov 8, 2014

Does Debt Survive Death?


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

If someone dies, does responsibility for payment of their debts survive their death?  Could you be held responsible for the debts of your spouse or parents after they die? To answer this question we need to address three specific issues: Can debts be inherited? Is there money in the estate? What happens to joint debts? […]

Nov 6, 2014