Ted Michalos
BAS, CPA, LIT
Licensed Insolvency Trustee
Ted Michalos strongly believes that debt management advice should be delivered without gimmicks and without tricks. He is enthusiastic about ensuring clients understand all of their options and that Hoyes Michalos helps them develop a custom-tailored plan to deal with their debts. Ted firmly believes in connecting people with people, which is why Hoyes Michalos has real people behind the phones and licensed professionals following up on emails.
Ted is a prolific writer, contributing answers and advice on our blog and on several insolvency and debt relief sites, including Advisor.ca. He has appeared as an expert on bankruptcy and debt related matters including appearances on CBC News, Global TV and Business News Network. Ted has also appeared before the Ontario Bar Association and the Canadian Senate.
Designations
- BAS, Trent University, 1991
- CPA (Chartered Professional Accountant), Institute of Chartered Professional Accountants of Ontario, 1994
- Licensed Insolvency Trustee and Consumer Proposal Administrator, Government of Canada, 2000
Professional Experience
- Deloitte & Touche, 1991 – 1996
- PricewaterhouseCoopers, 1996 – 1998
- Hoyes, Michalos & Associates Inc., Co-Founder, 1999 – present
Recent Posts by Ted Michalos:
Second Mortgage Home Equity Loan or Interest-Free Consumer Proposal?
What can you do if you are unable to make your some debt payments yet you have significant home equity? We explain home equity debt consolidation, home equity loans and when a consumer proposal is a better option.
Category: Bankruptcy Alternatives
Joint Consumer Proposal: Who Can File Together?
Learn about joint consumer proposals and when they make sense for couples with shared debt. Understand qualification requirements, benefits, risks, and alternatives. Discover if filing together is right for your situation or if individual debt solutions might work better.
Category: Consumer Proposals
Can I Get a Car Loan With a Consumer Proposal?
Yes, you can get a car loan during and after a consumer proposal. Learn how to improve your approval chances, understand interest rates, and use car loan payments to rebuild your credit. Many Canadians successfully finance vehicles at both stages with proper preparation and realistic expectations.
Category: Consumer Proposals