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


  • Jasmine Upshaw 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

  • Dahlia Duncan Avatar
    Dahlia D.
    11/27/2020 - Google

    My counsellor has been extremely helpful after only 2 sessions ! The process was easy and has made me more confident with budgeting and planning for my future.

  • Ber McLean Avatar
    Ber M.
    2/28/2021 - Google

    The team at Hoyes, Michalos & Associates was absolutely great with me. I'd just had one of the worst years of my life and thought I was never going... read more

  • Lisa Larmond Avatar
    Lisa L.
    6/21/2021 - Google

    I have been struggling for years now, not knowing what step to take due to many down falls in my life. Hoyes,Michalos & associates gave me my freedom back... read more

  • ildi Avatar
    11/03/2020 - Google

    Services are clear, concise, to the point all without losing sight of the sensitivity of the topic at hand. Very happy with services

  • A Google User Avatar
    A G.
    8/19/2020 - Google

    Scott and his team are fabulous and helped me a lot. Scott Schaefer is a great person to help people through a dilemma. Thanks for your support Scott!!!

  • Cori Cole Avatar
    Cori C.
    8/23/2021 - Google

    All the individuals I’ve worked with have been extremely helpful and I’ve gone out of their way to make this process as painless as possible.

  • Georges Farley Avatar
    Georges F.
    8/16/2020 - Google

    Shannon was great. She was always there to help me along the way to make sure I understood what the consumer proposal was and how it worked. My proposal... read more

  • Ashley Resendes Avatar
    Ashley R.
    9/13/2019 - Google

    I had a very positive experience dealing with the London office from the first meeting to the last one. They made me feel comfortable and gave me options with detailed... read more

  • jeff jones Avatar
    jeff j.
    9/26/2019 - Google

    I dealt with Ian Martin, he’s was unbelievable to deal with and completely guided me with this process. I am very thankful for his assistance.

    Unfortunately life events happen, which lead...
    read more


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