Debt Relief Experts
Stopping A Wage Garnishment with a Consumer Proposal
A consumer proposal provides a stay of proceeding that will stop a wage garnishment. Find out how this works and how a proposal can eliminate your debt.
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.
How do I Stop a Wage Garnishment by Making a Deal with My Creditor?
If your creditors have already obtained a garnishee in court, there are two alternative options you have instead of paying it. We’ll explain ways you can make a deal with your creditors in this blog.
New Debt Settlement Rules in Ontario
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.
Why I Won’t Judge You
Dealing with debt can result in a host of emotional responses, and embarrassment is one of the most common one’s we see. Find out how Hoyes Michalos can help you, and without any judgement.
How To Pay Credit Cards – Pay More Than The Minimum
It seems like a simple concept, but some people do find themselves in a vicious cycle of only paying the minimum amount. Ted Michalos explains why paying more than the minimum benefits the consumer.
I was overwhelmed with creditor calls and did not know what to do
Do you feel nervous every time the phone rings because it may be another collection agent? How do you stop these calls for good? We’ll explain 4 simple steps you can take to achieve this.
Debt Free in 30 – It’s That Simple
If you are struggling with your financial situation, it may be worth your while to chat with one of our debt professionals for 30 minutes. Find out how we develop a plan with you to become debt free.
If You Don’t Need to Go Bankrupt, I’ll Tell You
Did you know that we advise 90% of clients that call our debt help line to not file bankruptcy? We explore step-by-step how our process works using a client story, to give you an idea of how we treat all our clients.
EXCLUSIVE: Why does the Royal Bank vote NO on consumer proposals more than all other creditors combined?
Did you know that 99% of our consumer proposals are accepted by creditors? And that the Royal Bank makes up majority of creditors that vote against them? Doug Hoyes explains why here.
Should I Get A Debt Consolidation Loan? Pros and Cons
Debt consolidation loans are one of the several debt relief options consumers can use to help them deal with debt. Explore how these loans work, pros and cons, and if consolidation makes sense for you.
Doug Hoyes Asks Dalton McGuinty to stop Unethical Debt Settlement Companies
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.
Why Budgeting is a Bad Idea
Do you find it difficult to stick with budgets you create? Well, most people do, so what are your options? Find out what our secret to budgeting is and our top tips on how to stay on top of bills.
The Secret To Budgeting: Pay Your Bills As You Get Paid
Budgeting can be stressful, and few individuals have the discipline to stick to one. In this blog, find out why our approach to budgeting is simply to pay bills as often as you get paid.
Debt Settlement vs. Consumer Proposal – What’s the Difference?
Trying to decide between a debt settlement plan and a consumer proposal? We explore a contract from a debt settlement firm, and why a consumer proposal is more often the better choice for you.
The Problem with Debt Consultants
What is the role of a debt consultant and are they individuals you turn to for financial help? Find out what the major problem is with using debt consultants and 4 things you need to know about them.