Industry insights from Hoyes Michalos co-founders Doug Hoyes and Ted Michalos on bankruptcy, debt relief and consumer debt issues that affect Ontarians. Doug and Ted are strong advocates of a fair, equitable and transparent process for those dealing with overwhelming debt problems.
UPDATE – Posted April 15, 2014 – Cash Store Financial Services Inc. Files for Bankruptcy Protection The Cash Store’s problems continue, as they have now filed for bankruptcy protection (under the CCAA, a form of... Read more »
I appeared as the “bankruptcy trustee” on an episode of Gail Vaz-Oxlade’s television show Money Moron. (You can watch the show on the Slice website; it’s season 2 episode 6 I appear at about the 11:40... Read more »
Attending college or university is expensive, and if you have to borrow more than you can repay it may not be worth it. Statistics Canada released a study showing that undergraduate tuition continues to rise. Average... Read more »
UPDATE: New debt settlement rules in Ontario effective July 1, 2015: Full details on our post on Will The New Debt Settlement Laws Protect Consumers? The new rules: Ban debt settlement companies from charging up-front... Read more »
UPDATE: New debt settlement rules came into effect in Ontario effective July 1, 2015: Full details on our post on Will The New Debt Settlement Laws Protect Consumers? The practice around debt consultants in Ontario continues to... Read more »
Usually on the Hoyes Michalos Blog we discuss technical matters about bankruptcy and consumer proposals. Occasionally, however, we “kick it up a notch” and take a more aggressive position, arguing against injustices we see in the... Read more »