Burn Your Mortgage with Sean Cooper

Podcasts
Posted in Debt Help
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Sean worked up to 80 hours a week for many years to save for a down payment, and then he managed to pay off his mortgage in less than four years. He held a mortgage burning party that was covered by the CBC, and that's where the fun began.

Surviving Job Loss with David Trahair

Podcasts
Posted in Debt Help
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Today's guest David Trahair provides practical steps to move ahead financially and put yourself in the best possible position after experiencing job loss.

25 Debt Consolidation Tips From Our Experts

Posted in Debt Help

One of the many benefits of choosing Hoyes Michalos is that you're not only choosing one person to help you get out of debt, you're choosing a team. Our Licensed Insolvency Trustees have a variety of skill sets and each one of them brings something different to the table. We're able to pull from each […]

How Do I Know If I'm Insolvent?

Posted in Debt Help

Many people who come to Hoyes Michalos have debt that is just simply beyond repayment. They end up insolvent and file bankruptcy to absolve their debts and get a fresh start. There are many ways to tackle debt before it gets out of hand. If you are simply struggling with debt, there are options available […]

Can Debt Consolidation Hurt Me Financially?

Posted in Debt Help
Posted by Howard Hayes, Btec, CIRP - LIT

"Debt consolidation" is often a phrase that people associate and confuse with "debt relief".  The belief is that if you consolidate your debt, you’ll be better off. But is that true? There are pros and cons to the different forms of debt consolidation. Whether or not it's right for you depends on your situation. Consolidating […]

Brother, Can You Spare A Dime?

Podcasts
Posted in Debt Help
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Listen in on this week's podcast as we discuss links between the depression era and a classic song that captures the emotions that run through families struggling with debt.

What Type of Borrower Are You?

Posted in Debt Help

Household debt is rising rapidly in Canada. While much of the blame can be attributed to the attractiveness of super low interest rates, mortgage debt and rising house prices, individually you may have more debt because of the way you borrow and make payments. People frequently do not know the full terms and conditions of […]

Why We Expect Tighter, More Expensive Mortgage Markets

Podcasts
Posted in Debt Help
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

On Debt Free in 30, we talk with Ben Rabidoux about how the next changes in mortgage lending rules will affect the cost of your mortgage, refinancing and the housing market.

Financial Literacy: Does it Belong in Ontario's Curriculum?

Podcasts
Posted in Debt Help
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Does financial literacy belong in high schools? On today's podcast we ask this question of Prakash Amarasooriya, who, along with the Toronto Youth Cabinet, presented a petition for the inclusion of new material into the Ontario high school curriculum.