A bankruptcy score is a scoring system used by lenders to rank the potential of bankruptcy in your future. Doug Hoyes explains exactly what a bankruptcy score is and what it means for your credit.
According to our expert, debt settlement companies originating in the US are far more predatory than our Canadian ones. Learn more about what these differences are and how the Limitations Act benefits us.
RESPs are considered an asset in a bankruptcy and are not exempt from seizure in all provinces. Doug Hoyes explains why it's time to change the federal law around RESPs and bankruptcy.
Almost 1 in 4 Canadians carry debt into retirement due to increased cost of living. In this blog, Doug Hoyes explains how you can prepare early for retirement and avoid becoming another debt statistic.
To complete insolvency duties, you must attend 2 credit counselling classes. Ted Michalos explores his thoughts on what these credit counselling sessions should entail for consumers to truly benefit.
Rewinding back to 2014, Cash Store Financial Services Inc. filed for bankruptcy protection due to flawed corporate financial decisions. Doug Hoyes explains the company’s shortfalls and what we can learn.
Cash Store Financial Services Inc. filed for bankruptcy protection in 2014 and are were delisted from the Toronto Stock Exchange. Find out what happened and what our expert insights are.
Money Moron is a financial literacy TV show hosted by Canadian finance expert Gail Vaz-Oxlade. Doug Hoyes joins Gail for his third appearance on the series. Find out more about his experience here.
There are several scenarios and questions to consider when applying to post-secondary education programs. Doug Hoyes explores this topic as it relates to student debt and current Canadian statistics.
Ontario introduced new debt settlement laws to prohibit some predatory practices including large upfront fees before negotiating settlements. Find out what these laws are and what else we recommend.
Debt settlement consultants charge large upfront fees to essentially refer their clients to Licensed Insolvency Trustees. Find out how Doug Hoyes advocates for Ontario consumers regarding these companies.
At Hoyes Michalos, we are committed to having a voice and lobbying for Ontario debtors when it comes to injustices in the bankruptcy system. Here’s what we’re doing regarding divorce and bankruptcy.
Doug Hoyes made his first appearance on a personal finance reality show in 2007, interviewing an individual struggling with a large amount of debt. Explore the takeaway points from the episode here.
Debt Relief Experts
