Give Us 30 Minutes We'll Give You a Plan to be Debt Free

Licensed Insolvency Trustees & Credit Counsellors
Consumer Proposal · Bankruptcy · Debt Relief
Offices Across Ontario & the GTA

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Hoyes Michalos has helped over 60,000 Ontario residents get out of debt since 1999

Hoyes, Michalos & Associates Inc. was founded in 1999 by Licensed Insolvency Trustees Douglas Hoyes and Ted Michalos to provide personalized service to help you gain a fresh financial start. In any of our Ontario locations you always meet with a licensed professional, never a clerk or a salesperson. We guarantee professional, respectful, expert advice that meets your needs. Give us 30 minutes. We’ll give you a plan to be debt free.

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Hoyes, Michalos & Associates Inc.

We help you get out of debt

Credit Card Debt

Barely making your minimum payments? Juggling multiple credit cards? We can help you consolidate your credit card debts into one reduced monthly payment.

Payday Loans

Payday loans cause financial stress because the interest accumulates faster than you can pay it off. We help you break the payday loan cycle.

Tax Debt Relief

Canada Revenue Agency will settle taxes through a Consumer Proposal. We can help negotiate a reduction in your tax debt liability and create an affordable payment plan.

Resolve Student Loans

If you have been out of school for 7 years, your government student loans can be discharged. We help you get relief from long term student debt.

Loans and Overdue Bills

Paying high interest on your bank loans? Behind on bill payments? We can stop collection calls, wage ganrishments and lower your monthly payments.

Book a Free Consult

Hoyes, Michalos & Associates Inc.
Consumer Proposal &
Licensed Insolvency Trustee
Debt Relief Experts


  • Alice Steele Avatar
    Alice S.
    5/07/2020 - Google

    I have no idea how all of the previous reviews gave such positive affirmations. They do not help with debt relief or debt counselling. They offer cookie cutter solutions and... read more

  • Sky MacLean Avatar
    Sky M.
    4/27/2021 - Google

    Hoyes is amazing, my trustee, Jason Quinney is more than helpful. He's given me tips on how to save money, what to avoid when trying to build my credit score.... read more

  • Neil MacDougall Avatar
    Neil M.
    3/11/2020 - Google

    Experience, knowledge and caring - the three top qualities this team (especially Nicholas) brings to your situation. They get it, stuff happens, but they get to know you and your... read more

  • Chase Aflu Avatar
    Chase A.
    6/17/2020 - Google

    They make a voyage through a very difficult bundle of obstacles a walk in the park. The simplicity of the process allows people who need it the time to begin... read more

  • Wolfvale 1965 Avatar
    Wolfvale 1.
    4/18/2020 - Google

    Tried to find fault with their service, was unable to. They know what they are doing. Explained everything in writing. ALL the numbers were there and how they were calculated.... read more

  • Loren Cast Avatar
    Loren C.
    4/21/2021 - Google

    I had Rebecca Martyn working to help me with my financial situation and she was amazing. She was kind and understanding and really helped me feel at ease with my situation.

  • azadeh Sadeghi Avatar
    azadeh S.
    11/11/2020 - Google

    They’re very professional and helpful and informative I won’t hesitate to use their service again.

  • mademba cisse Avatar
    mademba c.
    1/21/2021 - Google

    Quick to respond, very effective, competent and friendly staff. No complaint.

  • Kevin McKenzie Avatar
    Kevin M.
    7/12/2021 - Google

    Very helpful and professional. Willing to go the extra distance to help you solve any issues

  • shane lopes Avatar
    shane l.
    3/11/2021 - Google

    Ted and Meg have been incredible in helping me with my financial issues. Strongly recommend. Highly professional and friendly.


No matter the financial difficulties you’re facing, Hoyes Michalos’ friendly trustees will help you get back on track

Consumer Proposals Decorative Icon

Consumer Proposal

A consumer proposal is a deal you make with your creditors to settle your debt for less than you owe. You can reduce your monthly payments by up to 80%. A proposal allows you to keep your home, car and tax refunds.

Learn More About Consumer Proposal

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Personal Bankruptcy

Bankruptcy is a legal process where a debtor who cannot repay their debts can be discharged from their obligation to pay back those debts. Bankruptcy can stop collection calls and give you a fresh financial start.

Learn More About Personal Bankruptcy

Debt Management Solutions Decorative Icon

Debt Relief Solutions

Our Licensed Insolvency Trustees can help you find the best way to eliminate your debt, stop collection calls, stop wage garnishment, and make your payments more affordable. We can help you avoid bankruptcy.

Learn More About Debt Relief

Friendly & Proffesional Local Trustee

Friendly & Professional

Friendly Local Trustee

99% Success Rate Consumer Proposal Acceptance

99% Success Rate

Consumer Proposal Acceptance

Zero Upfront Fee Debt relief with No Pressure

Zero Upfront Fee

Debt relief with No Pressure

Licensed & Certified Trustee not a sales person

Licensed & Certified

Trustee not a sales person

See what your payments might be

Our Licensed Professionals will help you explore your debt relief options.

Arrange a free consultation in any of our locations across Ontario today.


Arrange a free consultation in any of our locations across Ontario
including nine offices across the Greater Toronto Area.

Featured on:

  • Global News
  • CBC News Network
  • The National
  • Business News Network
  • CTV News
Hoyes Michalos In The Media

Industry Insights:

  • Joe Debtor Bankruptcy Study
  • Homeowners Bankruptcy Index
  • Debt Free in 30 - Personal Finance, Money Management and Bankruptcy Podcast
  • Straight Talk On Your Money by Doug Hoyes