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


  • Elisha E. Avatar
    Elisha E.
    6/09/2020 - Google

    I am so pleased with how Patty, Howard and the proposal team helped me file my consumer proposal they were fantastic. Very proffessional and supportive. I wish I would have... read more

  • Daniella C. Avatar
    Daniella C.
    5/02/2020 - Google

    Had a great experience. Everyone I spoke to was very helpful, and would answer any emails sent right away.
    They Never made you feel bad or guilty for how you...
    read more

  • JS I. Avatar
    JS I.
    positive review 
    6/11/2019 - Facebook

    Very professional, helpful and advocates for their clients. Have never felt that I asked any bad questions and they were very clear in explaining every step. Special thanks to Nicholas... read more

  • T. F. Avatar
    T. F.
    7/23/2020 - Google

    I went to Hoyes, Michalos & Associates the Niagara Region because I had a lot of debt to deal with and Jeff was the one who helped me get... read more

  • C H. Avatar
    C H.
    5/04/2020 - Google

    They explore all your options no pressure and very friendly.

  • 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

  • Mary . Avatar
    Mary .
    7/20/2019 - Google

    Fantastic experience. I went in feeling overwhelmed with my finances, but left feeling like I could breath again

  • Emran H. Avatar
    Emran H.
    2/26/2020 - Google

    I went to them for bankruptcy or consumer proposal advice. I was offer to file consumer proposals. However he was lying about my car's book value, which is 2018 Mazda... read more

  • Alexey D. Avatar
    Alexey D.
    11/03/2019 - Google

    Great service! Nicholas explained everything in detail and made the experience very easy. Thank you for the help! Highly recommend.

  • Gisella1 P. Avatar
    Gisella1 P.
    1/23/2019 - Google

    I am so thankful to Hoyes, Michalos & Associates Inc, for all their help in getting my finances back on track. Jason was great and he treated me with so... read more


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

Consumer Proposals

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

Personal Bankruptcy

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

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