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


  • Lyn N. Avatar
    Lyn N.
    2/06/2018 - Facebook

    Quality work, Totally recommended!

  • Nicole S. Avatar
    Nicole S.
    2/19/2021 - Google

    Hoyes, Michalos & Associates is a wonderful company, it has been a great experience so far. They are compassionate and professional and thoroughly explain options that best suite your situation.... read more

  • DezMoy D. Avatar
    DezMoy D.
    8/02/2020 - Google

    I dealt with Jason and he was AWESOME! He answered all of my questions and was very clear on everything. He made me see that there IS a light... read more

  • Kate W. Avatar
    Kate W.
    3/10/2021 - Google

    The staff at Hoyes, Michalos are extremely helpful and professional. Thier knowledge and expertise easily walk you through the steps to a fresh start, and then follow up with great... read more

  • Amanda Z. Avatar
    Amanda Z.
    6/18/2019 - Google

    Would be nice to get a call back when you leave your advisor a voicemail!

  • A G. Avatar
    A G.
    6/24/2020 - Google

    I was very impressed from the beginning of the first consultation i had to the very end. It put my mind more at ease. They helped me get me financial... read more

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

    They explore all your options no pressure and very friendly.

  • J D. Avatar
    J D.
    2/17/2021 - Google

    Great place to help you get back on Track! They were very responsive and helpful. I would recommend them to anyone trying to get themselves out of a financial... read more

  • Neem R. Avatar
    Neem R.
    positive review 
    5/05/2019 - Facebook

    Hello every one.I saw comments from people who already got their loans from pure heart loans and then I decided to apply under there recommendations and just few hours ago... read more

  • Electro S. Avatar
    Electro S.
    1/22/2021 - Google

    My experience with Hoyes has been amazing! Patricia and Howard have been very patient and caring through this whole process. What I love the most is they made me feel... 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

Debt Management Solutions Decorative Icon

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