CHYM Father Daughter Ball 2015


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

Hoyes, Michalos & Associates is excited to sponsor the upcoming 6th Annual CHYM Father Daughter Ball on Thursday April 16, 2015.  I have been fortunate to attend the previous five Father Daughter Balls with my daughters.  This year will be extra special as Alexis and Katelyn will joint me as Honorary Co-Chairs for the evening. […]

Mar 2, 2015

Reducing Personal Debt. What's the Trick?


Scott Schaefer, Licensed Bankruptcy Trustee Kitchener Ontario
Posted in Debt Help
Posted by Scott Schaefer, CPA, CIRP - TRUSTEE

Are you carrying personal debt such as credit cards and lines of credit and just cannot pay it down? What is the trick to reducing debt? It’s a simple trick - you need to be paying it off faster than it accumulates. It sounds simple, but it’s hard to do.  The following are a few […]

Jan 15, 2015

Foundation of Education Perth Huron - Gala


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

The mission of The Foundation for Education Perth Huron is to develop and integrate the rich and unique cultural, corporate, industrial, and agricultural resources of the community into the school system throughout Huron and Perth Counties in order to provide new educational enrichment opportunities to benefit both students and citizens.  Their biggest fundraiser is the Gala […]

Nov 3, 2014

5 Reasons Not To File Bankruptcy


Scott Schaefer, Licensed Bankruptcy Trustee Kitchener Ontario
Posted in Personal Bankruptcy
Posted by Scott Schaefer, CPA, CIRP - TRUSTEE

There are many reasons why someone would file for personal bankruptcy in Canada as a means of dealing with their debts and getting a fresh start, but there are equally good arguments not to declare bankruptcy. Here are 5 common reasons why bankruptcy may not be your best choice and why you might want to avoid bankruptcy: Bankruptcy […]

Jun 26, 2014

Student Loans and the Bankruptcy and Insolvency Act


Scott Schaefer, Licensed Bankruptcy Trustee Kitchener Ontario
Posted in Personal Bankruptcy
Posted by Scott Schaefer, CPA, CIRP - TRUSTEE

Going to post-secondary school can be an expensive investment. While the Federal and Provincial governments have student loan programs to assist students while attending school that do not require payments until sometime after schooling ends for some individuals the amount of student loans and other debts become unmanageable. When this happens they need debt relief options that can help […]

Jun 13, 2014

Senior With Tax Debts. A Kitchener Bankruptcy Story


Scott Schaefer, Licensed Bankruptcy Trustee Kitchener Ontario
Posted in Success Stories
Posted by Scott Schaefer, CPA, CIRP - TRUSTEE

A situation that we do not like to think about (but is very common in today’s society) is seniors with debts. With the increase in the availability of credit, more and more seniors are retiring with balances still owing on their credit cards. The extra layer that can happen is that these seniors often start […]

Apr 29, 2014

WSIB Debts, Clearance Numbers & Bankruptcy or Proposal


Scott Schaefer, Licensed Bankruptcy Trustee Kitchener Ontario
Posted in Personal Bankruptcy
Posted by Scott Schaefer, CPA, CIRP - TRUSTEE

The Ontario Government made The Workplace Safety and Insurance Board (WSIB) coverage a mandatory requirement for most in the construction industry, including a self-employed contractor with no employees. This law requires these contractors to have a WSIB Clearance Number or Certificate in order to continue with their contracts and to be paid. These clearance numbers […]

Apr 22, 2014

Tired of Winter? How About Some UN-Golf In Support of Carizon


Scott Schaefer, Licensed Bankruptcy Trustee Kitchener Ontario
Posted in Personal Bankruptcy
Posted by Scott Schaefer, CPA, CIRP - TRUSTEE

Hoyes, Michalos & Associates is happy to once again be the Platinum Sponsor for Carizon’s 3rd Annual UN-Golf Winter Classic being held on February 27th, and our own Doug Hoyes is the honorary volunteer chair of this year’s event. This evening is a fun filled fundraiser with the proceeds going to a good cause - […]

Feb 7, 2014

What's Stopping You From Getting Out of Debt?


Scott Schaefer, Licensed Bankruptcy Trustee Kitchener Ontario
Posted in Personal Bankruptcy
Posted by Scott Schaefer, CPA, CIRP - TRUSTEE

Think about this one for a minute… Everyone has their reasons for being in debt, but what are your reasons for not getting out of debt? One of the most common statements people make to me after they have started their plan to become debt free is “I wish I had done this sooner.”  The […]

Jan 7, 2014

Asking Your Questions Live on the Radio


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

We receive hundreds of e-mails every day from people experiencing financial hardship. Several of these e-mails ask similar questions so we have decided to provide answers live on the radio at 12 noon on Saturday November 14, 2009. Scott Schaefer, the bankruptcy trustee responsible for our Kitchener office, and Howard Hayes from our Cambridge office and […]

Nov 6, 2009