Debt Relief Experts
5 Things to Know About Filing Bankruptcy in Ontario
Are you falling behind on payments and accruing unmanageable debt? Is bankruptcy looking like your next step? Before filing, find out what 5 important things you need to consider first.
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.
Can I Get OSAP While in Bankruptcy or Consumer Proposal?
It’s not uncommon for an insolvent debtor to want to go back to school. But are they eligible for OSAP during insolvency? Find out what factors make you eligible and what is required in your application.
Understanding Credit Helps You Avoid Debt
To make good financial decisions, you need a decent understanding of financial literacy. Doug Hoyes explains a few basic concepts about credit and borrowing to help you avoid overwhelming debt.
Why Surplus Income Is an Important Part Of Your Debt Recovery
To be discharged from a bankruptcy there are certain duties that need to be completed first, one of which may include surplus income payments. Find out what surplus income is and 5 reasons it’s important.
The Average Joe and Jane Guide to Smart Borrowing
Smart borrowing will set you up for financial success in the future. In this simple guide we’ll explain the basics of what credit is, tips on how to manage credit and common borrowing mistakes to avoid.
Why a Consumer Proposal May Be Your Best Option
Filing for a consumer proposal can be a great option for debt relief and can help you avoid bankruptcy. Explore what a consumer proposal entails and what advantages this option has over a bankruptcy.
Is a Consumer Proposal the same as Bankruptcy?
A consumer proposal is an alternative to bankruptcy and there are huge differences in how both insolvencies options work. Doug Hoyes explains why a consumer proposal is not bankruptcy.
What to Do When Creditors Threaten Legal Action
It can be stressful having collections agents threatening you for unpaid debts. Learn what your rights are as a debtor, how to protect yourself from creditors and what to do if actions have been taken.
Wage Garnishing: Know Your Rights
Wage garnishment is one of the legal actions your creditors can take when you have unpaid debts. Find out everything you need to know about this legal proceeding and how bankruptcy can stop this.
Doug Hoyes Appears on Money Moron
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.
Keeping Your Small Business Afloat While Dealing with Debt
Is your small business facing financial hardship? Are the unpaid debts piling up? In this blog, we offer 5 possible solutions you can use to help keep your business afloat during tough times.
Is University a Waste of Money?
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.
What happens at my first meeting with Hoyes Michalos?
Making an initial meeting at Hoyes Michalos is the first step in helping you achieve a fresh financial start. Here we explain what happens during this initial consultation and what’s required of you.
I Can’t Pay My Bills. What Are My Alternatives?
What happens when bills start piling up and you can't meet your monthly debt payments? What actions can lenders take? Discover what options you have to recover your finances.
Five Tips to Survive an Economic Crisis
The economy is not alway kind and job or income loss can mean you now struggle to stay on top of your bills. Learn 5 tips for how you can survive an economic crisis and if there are alternative options for you.