Debt Relief Experts
What Happens in Bankruptcy Court?
There’s no need to worry. Bankruptcy court is not something that every bankrupt has to go to when they file for bankruptcy. If you complete all your duties and no one objects, you are automatically... Read more »
Ontario Bankruptcy Blog
Our knowledgeable team of Licensed Insolvency Trustees provide information and expert advice to help you on your way to becoming debt free. Our blog includes podcasts, videos, articles, case studies and Industry Insights about consumer proposals and bankruptcy in Ontario as well as personal finance, credit rebuilding and other money management tips for anyone looking to get out of, or stay out of, debt.
Leading a Frugal Lifestyle | Debt Free Digest July 2018
Welcome to our Hoyes Michalos Debt Free Digest where we round up personal finance topics from around the web to help you live, and remain, debt free. In July, we’re sharing the benefits of leading... Read more »
How to Improve Your Financial Wellness
You know you need to improve your financial health. You might even know what you need to do – save more, spend less, pay down debt. So why does that not necessarily translate into healthy... Read more »
Top 6 Bankruptcy Law Rules in The Bankruptcy and Insolvency Act
Important rules you should know when considering personal bankruptcy Choosing personal bankruptcy as a way of overcoming an unmanageable debt load is a hard decision to make and it’s not always the best choice. Recent... Read more »
Is Bankruptcy Morally Wrong? A Look at the Ethical Dilemma vs the Math
For as long as debt has existed, society has judged people for failing to pay back their debts. Over the years I’ve heard hundreds of honest, but unfortunate debtors tell me they are stressed out... Read more »
How to Minimize Debt Before and After Retirement
Carrying debt into retirement is risky. An early retirement due to illness or job loss can derail your repayment plans. Making debt payments on a fixed income is difficult. Here are five types of debt you... Read more »
The Diderot Effect: How to Get Out of a Spending Spiral
What actually causes us to spend beyond our means? While in some cases it’s the result of a job loss or illness, in other situations, it’s the Diderot Effect at play. The Diderot Effect is... Read more »
Why Delaying Your Bankruptcy Can Cost You More
Your debts are high and the struggle is keeping you up at night so much so that you know you need to do something. Yet you’ve been delaying filing for bankruptcy because you’re nervous about the process or... Read more »
How to Find a Credible Financial Planner
Did you know that in Ontario, anyone can call themselves a financial planner? With this in mind, how can you make sure that you are getting expert and unbiased advice on money management? Should you... Read more »
Managing Your Family Finances | Debt Free Digest June 2018
Welcome to our Hoyes Michalos Debt Free Digest where we round up personal finance topics from around the web to help you live, and remain, debt free. In June, we’re sharing some useful guides on... Read more »
Reviving a Consumer Proposal
Repaying debt requires a stable income. Even when you’re in a debt relief plan like a consumer proposal, you need money coming in each month to make your payments. But what if you are faced... Read more »
Creditor Protection: Consumer Proposal vs. Debt Management Plan
Generally, the reason people contact us at Hoyes Michalos is to see what their options are for dealing with their debts. They’re looking for debt relief so they can get a fresh start. However sometimes what prompts... Read more »
Save Money with Recipes from Cashflow Cookbook
What if you could approach personal finance like most of us try cooking? Instead of learning a bunch of rules and principles, all you’d have to do is follow some tested recipes. Would this make... Read more »
Our Top Blog Resources to Help You with Debt
Finding a solution to your debt problems doesn’t have to be difficult. Whether you want help with repaying your student loan debt or you are newly married and want to learn more about joint debt,... Read more »
Is a Bad Credit Score Good for You?
Credit scores are a way for a lender to assess how well you handle debt. To be able to set a credit score, the credit bureaus need information about credit use. This leads to a... Read more »