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


  • Dianne Avatar
    3/20/2019 - Google

    I went in not knowing exactly what I was going to do. Joel went through all my options, and explained what they would all entail. They were very understanding, and... read more

  • casey w. Avatar
    casey w.
    4/14/2020 - Google

    Jason Quinney made my process very easy. I would definitely recommend Michalos and Hoyes If you are considering bankruptcy.

  • Michelle W. Avatar
    Michelle W.
    4/22/2020 - Google

    Best thing I did was go for some financial relief and advice with Hoyes and Michalos. They went through my options to help steer me on the right path... 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.

  • Andrew K. Avatar
    Andrew K.
    3/27/2020 - Facebook

    Excellent service from Joel and the team. Made me feel respected and everything was handled most professionally and thoroughly explained in a way I could understand. Highly recommended team.

  • Cody B. Avatar
    Cody B.
    11/21/2019 - Google

    Amazing. Weight lifted off my shoulders, staff are so easy to talk to, easy to get ahold of, responds to emails, gives honest feedback to help you clean up your... read more

  • Steve A. Avatar
    Steve A.
    11/11/2019 - Google

    I was looking for a place to do the proposal and you guys came up and you seemed to meet my needs. I spoke to Nicholas and he told me... read more

  • Luis F. Avatar
    Luis F.
    8/20/2019 - Google

    I want to thank Brett for making this process extremely easy. I’m very happy with the outcome

  • Aiden N. Avatar
    Aiden N.
    3/06/2020 - Google

    I can't believe how easy a process this was and am so happy I approached Hoyes, Michalos to help me get back on track with my debt!
    And they are so...
    read more

  • Ruben M. Avatar
    Ruben M.
    11/18/2019 - Google

    From the time I realized I would be needing some help, I was a nervous wreck. Didn't know what to do or who to go to. Then a friend of... 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