Consumer Proposals: Canada's Best Kept Secret for Dealing with Debts and #1 Bankruptcy Alternative

Hoyes.com Radio Show #6: Consumer Proposals - Canada's Best Kept Secret for Dealing with Debts
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To listen to the show live, tune in to AM 570 from noon to 1:00 pm or, if outside of Kitchener, visit www.570news.com.

Show Topic:

On today's show we will discuss consumer proposals, Canada's best kept "secret" process for dealing with debts and the well-known and often used alternative to bankruptcy.

Today's Guests:

	Douglas Hoyes is a chartered accountant, a licensed bankruptcy trustee, and a co-founder of Hoyes, Michalos & Associates Inc. Douglas has been answering questions about debt for many years. Doug can be reached at 310-PLAN, or by e-mail.
	Benny Mendlowitz is a licensed bankruptcy trustee, and is the trustee in charge of the North York and Scarborough offices of Hoyes, Michalos & Associates Inc. Benny has many years of experience finding solutions for individuals and small business owners with financial problems. Benny can be reached at 310-PLAN, or by e-mail.

Show Summary:

Benny Mendlowitz and Douglas Hoyes will answer the most common questions about consumer proposals, including:

What is a consumer proposal?
Is it better to file a proposal than declare bankruptcy?
If consumer proposals are such a good way to deal with debts, why have I never heard of them?
What does it cost to file a consumer proposal?
What are the chances of the proposal being accepted by my creditors?

Benny and Doug will also take your calls and answer your questions.

Helpful Resources:

For additional information on consumer proposals and other bankruptcy alternatives please contact one of our Ontario bankruptcy offices.