Check out our new documentary DEBTASIZED.

Check out our new documentary DEBTASIZED.

Debt Relief Solutions in Belleville
Licensed Insolvency Trustees & Credit Counsellors
Consumer Proposal • Debt Consolidation • Bankruptcy
Get a Personalized Debt Free Plan

54 North Front Street
Belleville, ON

Toll Free: 1-866-747-0660

Call us today: (613) 707-0841

Book A Free Consult

Having trouble paying off debt on your own in Belleville, Ontario? The experts at Hoyes, Michalos & Associates Inc. would be delighted to review your debt relief options with you at no charge. We have been helping individuals eliminate their debts since 1999.

Our Belleville debt help team offers the following debt solutions:

You will be working with Brian McIlmoyle, Licensed Insolvency Trustee. Brian has extensive experience helping Ontario residents get rid of credit card debt, lines of credit, and payday loan debt. He will ask you a few simple questions about your financial situation, income, and history, and then detail all the debt repayment options available to you. He can explain debt repayment plans like a consumer proposal, where you can reduce your debts by as much as 80% while keeping all your assets.

“The greatest part of my job is witnessing the transformation in the individuals I meet. Clients come in with a heavy debt burden, and they’re stressed, but by the end of our first session, I get to see them leaving brightened, happy with hope and a better plan for their money. – Brian”

In the Belleville region, nearly 900 residents file a consumer proposal or bankruptcy every year. Debt problems can happen to anyone at any time. You are not alone. Brian will take his time to review your situation and answer all your questions. 

Book your FREE confidential debt assessment with our Belleville team by calling toll free at 1-866-747-0660 or fill in the form on this page to send us an email.

Meet Our Belleville Debt Experts

Brian McIlmoyle, Licensed Insolvency Trustee

Brian McIlmoyle is a Licensed Insolvency Trustee, Consumer Proposal Administrator and Chartered Insolvency Restructuring Professional (CIRP). Brian has been a long-standing member of the Belleville community and has more than 10 years of experience helping Ontarians facing financial trouble get relief from their debts. He says the best part of his job is watching his clients transform into brighter, happier people on a better financial path going forward. When he is not in the office, Brian teaches and practices martial arts. He credits this training to his strong sense of focus and ability to problem solve for his clients.

Anne Romano BIA Insolvency Counsellor

Anne is a Certified Credit Counsellor, and Client Service Specialist an has over a decade of experience in insolvency. Operating from our Belleville and Oshawa branches, she has dedicated the last seven years to delivering tailored counselling and consultations to her clientele. Witnessing her client’s express relief, improved sleep, and reduced stress as they progress toward financial recovery brings her immense satisfaction. Anne also takes pleasure in helping her clients in establishing and reaching their goals, setting them on the path to a fresh beginning. Beyond her professional pursuits, Anne is an avid football and baseball fan, with a particular fondness for the Toronto Blue Jays. When Anne is not in the office you can find her spending time with her two daughters.

What Our Clients Say

Our concept is simple. If you give us 30 minutes of your time, our knowledgeable, experienced team will help you build a plan to become debt free. We help individuals living in Belleville and the surrounding areas of Quinte region, Quinte West, Trenton, Shannonville, Deseronto, Greater Napanee, Napanee, Kingston, Prince Edward County, Madoc, Tweed, Marmora, Campbellford, and Brighton.

Blake Miles Avatar
I worked with Brian McIlmoyle, LIT to get out from under debt. He was helpful, informative, and kind. There was no judgment or unpleasantness, and I learned a lot of helpful tips about staying out of debt and budgeting for personal wealth and success. Working with Brian and Hoyes, Michalos turned my life around as painlessly as I think is possible.
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Blake Miles 2/13/2024
Kendell Ramdeen (kenshink1) Avatar
Let me start off by saying that Brian McIlmoyle at Hoyes & Michalos helped me change my financial situation 180 degrees. From the high level of knowledge regarding debt, credit and financial planning to the excellent customer service and honesty, I felt secure disclosing my financial matters and felt that I was in good hands. I was always given a great deal of help every step along the way, and whenever an associate was busy, there was always someone to help forward my concerns to whomever I needed to talk to. Thank you Hoyes and Michalos!
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Kendell Ramdeen (kenshink1) 7/06/2023
April Hockney Avatar
Hoyes, Michalos & Associates are ONE OF A KIND. Passionate people that want to help you. I needed help extremely bad. About to lose everything, no money left, debts still there!! I had no other choice to get help. I called this firm and they helped me immediately! Very quick and easy process to get debt free with an extremely low monthly payment compared to all the piling up debt payments. I would and have recommended Hoyes, Michalos & Associates to people to get some ease back in their life. Trust me, you won’t be disappointed!!
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April Hockney 6/26/2023

Find Our Belleville Bankruptcy Office

DIRECTIONS: Our Belleville bankruptcy office is located at 54 North Front St (highway 62) at the corner of North Front and Earl St. The office is on the lower level. Enter the doors off the parking on the south side of the building. From points west (Trenton), exit highway 401 onto Highway 62 south (North Front St). From points east (Napanee), exit Highway 401 onto highway 62 South (North Front St). (Napanee) Belleville from points north, take highway 62 south which becomes North Front St. From Prince Edward County, follow highway 62 north (becomes North Front St). 54 North Front St. is located on Belleville transit route 5.

Consumer Proposals in Belleville

A consumer proposal is a legal debt relief solution legislated with the federal government to consolidate and settle your debt for less than you owe.

Here are the top 10 benefits of a consumer proposal.

  1. write-off up to 80% of your debts
  2. stop collection calls
  3. stop a wage garnishment
  4. unfreeze your bank account
  5. legally binding on all unsecured creditors
  6. deals with CRA and payday loan companies
  7. you keep your assets including your tax refund
  8. reduce your monthly payment to something that is affordable
  9. no interest on monthly payments
  10. avoid bankruptcy

Hoyes, Michalos has a 99% success rate for consumer proposals we file. We work with you to craft an offer you can afford.

The cost of a consumer proposal is known upfront. What you pay is exactly, and only, what repayment you negotiate with your creditors at the beginning of the consumer proposal process. Once you complete your payments and the terms of your proposal, your debts are eliminated.

A consumer proposal can only be filed with a Licensed Insolvency Trustee like Hoyes Michalos. Learn how to file a consumer proposal or contact our Belleville team today to talk about how a consumer proposal can help you get out of debt and avoid bankruptcy.

Debt Consolidation vs Consumer Proposal

If you have significant credit card debt, tax debts or other unsecured debts, you may be wondering if a debt consolidation loan, home equity loan or second mortgage are a good option to consolidate your debts.

There are risks with consolidating with a debt consolidation loan. You may have equity but may not qualify for a second mortgage at reasonable rates. 

Our Belleville debt professionals can help you review your debt restructuring options and compare the pros and cons of a new loan or second mortgage with making a formal, debt settlement offer to your creditors through a consumer proposal.

Filing Personal Bankruptcy in Belleville

Personal bankruptcy should be a last resort, but sometimes it is the right solution to help you get out of debt. Our Belleville licensed insolvency trustee can help you decide if filing bankruptcy is the best option to eliminate your debt.

No matter how serious the debt problem, remember there are always debt relief options. At Hoyes, Michalos you always talk to an expert. Consultations are free and we offer flexible appointment times. Call our Belleville experts at 1-866-747-0660 or email us today.

A bankruptcy and consumer proposal can only be filed through a Licensed Insolvency Trustee. We are licensed by the federal government to help you deal with debt.

Differences Between Consumer Proposal and Bankruptcy in Belleville

There are two legally binding debt relief plans in Ontario that will allow you and your family the ability to gain a new financial start. They’re known as Personal Bankruptcy and Consumer Proposal. With each of these solutions, you’re provided immediate protection from your creditors, meaning they can’t sue you or contact you. In a consumer proposal, you usually repay only a third of what you owe and you get to keep all of your assets, including tax refunds, investments, and home equity. The greatest benefit to the consumer proposal is that you can avoid bankruptcy, while achieving freedom from your debts.

When you file a personal bankruptcy, your payments vary based on your income and you may have to surrender some assets. A benefit to filing bankruptcy, especially if it’s your first one, is that it can be completed in as little as 9 months. In a consumer proposal, your repayment period can last up to 5 years.

At Hoyes Michalos, we don’t provide a one-size-fits-all solution to your money problems. We take our time and give every one of our clients a tailored plan to pay off their debts and have financial peace of mind.

Belleville Debt Help

Belleville Licensed Insolvency Trustee

Debt problems don’t go away on their own. If you cannot afford to repay your debts on your own, as Licensed Insolvency Trustees we help you explore all your options and choose the solution that is best for you.

Break Free From Credit Card Debt

If you are only making minimum payments on your credit cards it will take you years to pay off your balances, if at all. We can help you consolidate your payments and make a settlement offer that can lower your credit card balances by as much as 70%. Your credit cards are rolled into one reduced monthly payment.

This is not a new loan, it’s a government-approved interest-free debt settlement plan payable over up to five years.

Stop the Payday Loan Cycle

Payday loans cause financial stress because the interest accumulates faster than you can pay it off. Over time this eats away at your paycheque. Once you fall behind, payday lenders use aggressive collection tactics like calling your employer and garnishing your wages.

We can include payday loans in your program and help you break the payday loan cycle.

Get Tax Debt Relief

Only a Licensed Insolvency Trustee has the options that can help you reduce your tax debt liability. We can negotiate directly with CRA to create a repayment plan, stop interest and penalties and settle tax debt. If CRA has frozen your bank account or garnished your wages, we can reverse those actions.

Student Loan Debt Forgiveness

Looking for help resolving student loan debt? If you have been out of school for 7 years, your government student loan debt can be discharged through a bankruptcy or consumer proposal.

Eliminate High-Interest Installment Loans

You may have tried to consolidate or pay bills by taking out a high-cost financing loan. While these types of consolidation loans can help you deal with the immediate demand for repayment, they come with an interest rate of 39%, 49% and even 59%.  Installment loans meant for those already in debt or with poor credit just postpone, rather than solve the problem.

Unsecured loans, whether owed to a bank, credit union or financing company can be eliminated with payments determined based on what you can afford.

Why Talk with a Licensed Insolvency Trustee?

If like many of our clients, you are struggling with debt repayment, this is a cycle that is best broken by working with a Licensed Insolvency Trustee near you. We are licensed by the Government of Canada to help you with your debts.

We can help you break free from debt.

If you would like help becoming debt free, call our Belleville debt help team today at 1-866-747-0660.

Office Address

54 North Front Street
Belleville, ON

Toll Free: 1-866-747-0660

(613) 707-0841

Map & Directions