Seniors Going Bankrupt At A Record Pace

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

Seniors are filing bankruptcy more than ever before and the trend is likely going to continue. Our 2015 Joe Debtor study showed that indebted seniors aged 60 and older accounted for 10% of all insolvency filings in Ontario, up from 8% four years ago. Industry Canada reports similar bankruptcy results across Canada with 10% of insolvencies filed by […]

Jun 30, 2015

Student Loan Forgiveness and Bankruptcy Law

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

Daniel Veinot, partner at Waterloo, Ontario law firm Duncan Linton discusses student loan debt forgiveness and how it is handled by bankruptcy law. Daniel has appeared in bankruptcy court many times on behalf of individuals looking for student loan debt relief and answers questions on how bankruptcy deals with student loan debt.

Jun 27, 2015

Show #43 - Transcript - Student Loans and Bankruptcy

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 Student Loan Forgiveness and Bankruptcy Law Doug H: 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. Today we're going to talk about student loans and specifically what happens to student loans if […]

Jun 27, 2015

Is It A Good Idea To Get A Credit Card During Bankruptcy?

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

One of the biggest worries people have about filing bankruptcy or a consumer proposal is the loss of their credit cards. We talk with Jim Dunbar of Affirm Financial about an unsecured credit card they offer, for a cost, to individuals currently in bankruptcy or a consumer proposal and whether it's a good idea.

Jun 20, 2015

Show #42 - Full Transcript - Credit Cards During Bankruptcy

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 - Is It A Good Idea To Get A Credit Card During Bankruptcy? Doug H:            Welcome to Debt Free in 30, where every week we take 30 minutes to talk to industry experts about debt, money and personal finance. I'm Doug Hoyes. As I record this show in June 2015, interest rates […]

Jun 20, 2015

A Different View Of Credit Counselling

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

Richard Dunwoody from AFO Venture Group offers his opinion on how credit counselling agencies in Canada operate and what this means to consumers.

Jun 13, 2015

Show #41 - Full Transcript - Credit Counselling in Canada Another Viewpoint

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 A Different View of Credit Counselling 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 started the show almost a year ago to provide practical advice on how to […]

Jun 13, 2015

Show #40 - Full Transcript - New Debt Settlement Laws

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

Listen to the full podcast Debt Settlement, New Laws and a Better Approach Doug H:            Welcome to Debt Free in 30, the show where every week we take 30 minutes to talk to industry experts about debt, money and personal finance. I'm Doug Hoyes. On July 1st, 2015 some new laws will take effect in […]

Jun 6, 2015

Will The New Debt Settlement Law Protect Consumers?

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

Listen to podcast episode #40 on the new Ontario debt settlement laws. You’ve seen the ads. Debt settlement companies promise to “reduce your debts by 70%”.  They say “don’t talk to a trustee about bankruptcy or a consumer proposal; talk to a debt settlement company instead!” They offer to settle your debt for less than […]

Jun 4, 2015

Joint Debt and Co-Signing. Am I Responsible For My Spouse's Debt?

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

It's time for another FAQ podcast and today we talk about if and when you might be responsible for your spouse's debt and how one spouse filing bankruptcy might affect the other. To answer these questions I talk with Hoyes Michalos Trustee in Bankruptcy, Jason Quinney joint debts and co-signed loans.

May 30, 2015