Hoyes, Michalos & Associates Inc.
Consumer Proposal &
Licensed Insolvency Trustee
Debt Relief Experts

They have been very friendly and helpful from the beginning. I feel a huge weight off my shoulders, not only because of me debt relief, but also because I feel... read moreThey have been very friendly and helpful from the beginning. I feel a huge weight off my shoulders, not only because of me debt relief, but also because I feel more financially literate. Ive suggested their services to a few friends of mine also. read less

I have no idea how all of the previous reviews gave such positive affirmations. They do not help with debt relief or debt counselling. They offer cookie cutter solutions and... read moreI have no idea how all of the previous reviews gave such positive affirmations. They do not help with debt relief or debt counselling. They offer cookie cutter solutions and follow a template for every single person. My account should have been handled better and differently, but they just want you to sign so that they get paid. Have a look at form 47 that you signed with them, look at how much they get paid to give you absolutely no help. The famous line, I promise your stress level out of 10 will drop once you let us help you, I expressed in then end of my first meeting and again in my second meeting that my stress level did not go down, again no help with this. When people are facing financial hardship no matter what the reason or how they got there, we don't want to hear your advice from your father 40 years ago, irrelevant and a waste of time. How about you do some retraining on how to REALLY help people in these situations. After expressing my concerns with the service they offer a different credit counselor, wow thanks for going all out. If you are considering filing a consumer proposal be for-warned it appears as a bankruptcy on your credit file, Hoyes will tell you that it is because Credit Karma is American and they do not recognize consumer proposals. Every Canadian CC and every Credit Check I have ever had (rental property, Canadian bank loans, cable provider, cell phone provider and hydro/gas/water ) has gone through Credit Karma so beware of the B/S excuse you will be given. Extremely disappointed is an understatement, wish I could give no stars. read less

I was feeling trapped in my own dept, and looking for a solution. Hoyes, Michalos & Associates made the change from overwhelming to a breath of relief for me. I... read moreI was feeling trapped in my own dept, and looking for a solution. Hoyes, Michalos & Associates made the change from overwhelming to a breath of relief for me. I am very happy with the outcome of my proposal and would highly recommend them as your team to help you out of a situation similar.

Thanks for all your help in my matter.
Jon read less

My Trustee was Sandra Sykora whose is the consummate professional. Her incredible attention to my situation and amazingly quick responses to any and all queries I sent her way, truly... read moreMy Trustee was Sandra Sykora whose is the consummate professional. Her incredible attention to my situation and amazingly quick responses to any and all queries I sent her way, truly made this process sooo much easier. She was there to guide and advise as needed. I truly could NOT have asked for a better person to work with when going through my financial restructuring.
I highly recommend Sandra and this firm for anyone considering this step in their life.
Oh and the location at Yonge and Bloor on the subway for those that need but for me was just a walk away which made things all the better.
Thank you HMA for your assistance! read less

Very knowledgeable and friendly staff on top of being licensed in trusteeship. Thanks Jason and others for helping me get my credit history in order.

They really help me out definitely a five star place to deal with

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 moreFrom 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 mine told me to check out Hoyes Michalos.

As soon as I received the first e-mail back I felt like I was in good hands, but was still a bit apprehensive about the whole process. Not being a homeowner, I didnt know which options if any would be there for me. After going through a phone interview with Scott Terrio, I agreed to come in and put my cards on the table and go from there.

From the first meeting with Scott, I felt at ease and knew that I would be taken care of. He thoroughly explained the process, and what the next steps would be in completing my Consumer Proposal. After the meeting when all information was exchanged, I left the office happy and like a weight was lifted off my shoulders.

When I went back in to the office to finalize the Proposal, I got to sit down with and meet Doug. He gave me a rundown of the timeline and any other new information that came about. The only thing left to do was wait for the creditors to respond, but I never had a doubt that it would not be excepted.

I was approved, and now have more financial flexibility and security going forward. Both Scott and Doug helped me out immensely. Even during the process, when one of my old creditors tried to harass me for payment, both Scott and Doug went above and beyond to help me out.

I would definitely recommend them to anyone who may be going through a hard time. There is a way for you to get out of your troubles, and that way is to contact the team at Hoyes Michalos. read less

From the very first time I spoke to Alison I knew I had made the right connection during a time that was extremely stressful and embarrassing for me. ... read moreFrom the very first time I spoke to Alison I knew I had made the right connection during a time that was extremely stressful and embarrassing for me. Alison gave me a detailed description of the options available to me and it was obvious that bankruptcy was the only option that made sense for my situation. My initial appointment was set up quickly and the rest is history as they say. The whole process was painless and I was put at ease immediately . The relief I felt was wonderful. Any time I had a question all I had to do was send an email and I quickly received a response/answer. Thank you Alison...and the Hoyes, Michalos team! read less

I have dealt with/spoken with four different individuals with Hoyes-Michalos while arranging my consumer proposal and each one was incredibly friendly, polite and supportive.
The feeling of relief I now have... read moreI have dealt with/spoken with four different individuals with Hoyes-Michalos while arranging my consumer proposal and each one was incredibly friendly, polite and supportive.
The feeling of relief I now have cannot be put into words.
I recommend Hoyes-Michalos with no hesitation. read less

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 moreI 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 conveniently located right at King Station! Great people who treat you with respect and integrity! read less