In consideration of COVID-19, consultations are now available by phone and video chat.

We are now available by phone and video chat.

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

Fill out the form below and receive a No-Obligation Consultation

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.

Let's Get Started

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


  • Shirley D. Avatar
    Shirley D.
    3/06/2020 - Google

    Very happy with the support and assistance i received from Jason. Hoyes & Michalos are highly recommended for great service and friendly staff. I was made very comfortable during... read more

  • Jon Avatar
    4/20/2020 - Google

    Deciding to go with Hoyes, Michalos & Associates Inc. is the one of the best decisions I have ever made in my life. I am really lucky to get Brett... read more

  • Amanda C. Avatar
    Amanda C.
    11/13/2020 - Google

    I have nothing but good things to say about Hoyes, Michalos & Associates. From the first meeting with Billy, to choosing the plan that worked best for me, to having... read more

  • JoAnne E. Avatar
    JoAnne E.
    1/10/2020 - Google

    In September 2019 I found myself WAY in Over My Head in debt!! Living on a fixed income there was NO way to be able to continue making payments on... read more

  • Jarret A. Avatar
    Jarret A.
    9/13/2017 - Google

    They really care about helping people, and have a great deal of experience.

  • Tina A. Avatar
    Tina A.
    positive review 
    4/09/2019 - Facebook

    I can’t say enough good things about them. They have helped me and taken all my stress away! Thanks guys and especially Benny!

  • Jasmine U. Avatar
    Jasmine U.
    2/16/2021 - Google

    Such a positive experience! Jeff and Allison have been so kind and helpful. Hoyes, Michalos & Associates really do care and will go above and beyond to help you in... read more

  • Jennifer R. Avatar
    Jennifer R.
    9/21/2020 - Google

    This has been far the best service!!! Dealing with ones dept is never an easy process; it’s scary, you can feel like you’re trapped BUT you’re not!! These... read more

  • Claudia P. Avatar
    Claudia P.
    7/13/2020 - Google

    I can't tell you how much of a relief I have experienced the last two yrs since doing my consumer proposal. I had heard so many stories of why not... read more

  • ABRAHAM B. Avatar
    5/22/2020 - Google

    Reliable, trustworthy and professional. Don't look too much for debt relief experts. They are the best in the market.


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

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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

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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