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


  • Theresa S. Avatar
    Theresa S.
    1/12/2021 - Google

    I can’t even put into words how happy I am that I chose Hoyes, Michalos and Associates to assist me with my proposal. They are caring, professional, understanding and always... read more

  • Dejan “. Avatar
    Dejan “.
    6/14/2020 - Google

    My experience was absolutely great. It was very efficient and professional. Everything was explained perfectly to me by Jason Q. and My proposal got approved without any hassle or going... read more

  • Joel T. Avatar
    Joel T.
    11/24/2018 - Google

    They made me believe that second chance is possible and within reach. Brian, Courtney and Nicholas are great guys to deal with.

  • BRUCE W. Avatar
    BRUCE W.
    1/29/2020 - Google

    They do a wonderful job. Very informative with the details of the process. They gave me great advice and were there every step of the way. I highly reccomend... read more

  • A G. Avatar
    A G.
    7/21/2020 - Google

    Over the years my and my husband's personal financial situation became more of a load that we were able to bare, however when Covid 19 hit and we weren't bringing... read more

  • Martiinii 6. Avatar
    Martiinii 6.
    3/15/2021 - Google

    Straight 5 stars! Hoyes, Michalos & associates has changed my life. I just got back the amazing news about my consumer proposal and im wiping my tears as Im currently... read more

  • Anita C. Avatar
    Anita C.
    7/08/2021 - Google

    Strongly recommend this company. Their patience, understanding, advice and support exceeded far beyond my expectations.

  • Chris R. Avatar
    Chris R.
    9/26/2018 - Google

    There is definitely nothing negative to say about Hoyes, Michalos & Associates in my experiences with them. The staff are friendly and quick to respond to any questions; working with... read more

  • Candy E. Avatar
    Candy E.
    3/07/2020 - Google

    I give Hoyes Michalos & Associates a big thumbs up!! The trustee was quick to respond to my phone calls. Our initial meeting was quite pleasant and educational. I left... read more

  • A G. Avatar
    A G.
    9/10/2020 - Google

    Very helpful, explain things that sometimes have no idea about, so they don't leave you wondering and saying "huh?" Great team,.... They do all the dirty work while ... read more


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

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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:

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  • The National
  • Business News Network
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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