Check out our new documentary DEBTASIZED.

Check out our new documentary DEBTASIZED.

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

3621 Highway 7 East, Suite 308
Markham, Ontario

Toll Free: 1-866-747-0660

Call us today: 289-301-3727

Book A Free Consult

Are you looking for debt relief in Markham, Ontario? At Hoyes, Michalos we have been helping people get out of debt since 1999 and get a fresh start on their finances. In our Markham debt help location we provide the following services:

Our Markham office is lead by Licensed Insolvency Trustee Nicholas To. Nicholas will meet with you personally and carefully review all your options for paying off debt. You will also receive guidance from certified Credit Counsellor Diana Wong. You may be able to avoid bankruptcy by consolidating and reducing your debt through a formal consumer proposal. Nicholas will take the time to answer all your questions about your debt relief options. He is fluent in Cantonese and is happy to discuss issues in person or over the phone. 提供中文服務

“I look ahead to the future. I help clients understand that there is a future and a path forward out of debt. Everybody deserves a second chance. – Nicholas”

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

Meet Our Markham Debt Experts

Nicholas To, Licensed Insolvency Trustee

Nicholas To is a Licensed Insolvency Trustee, Consumer Proposal Administrator and Chartered Insolvency Restructuring Professional (CIRP). Nicholas grew up in the Markham and Scarborough communities. He has witnessed the growth and increased living costs over the years in the region and he can appreciate the financial challenges that have arisen as a result. Nicholas takes a thorough approach to helping individuals and families get rid of their debt trouble. He is also fluent in Cantonese and can provide debt help to residents whose first language is not English. When not in the office, Nicholas is an avid photographer and an active member of the local business community.

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. Our debt experts meet with clients living in Markham and surrounding areas of Richmond Hill, Whitchurch-Stoufville, Aurora, Newmarket, and Uxbridge.

Rachel Park Avatar
2 years ago my husband and myself were facing such a deep financial crisis. With Hoyes help we are finally got out of there and rebuild our life. Specially Nicolas was very helpful and knowledgeable which was great. Everybody can make mistakes at some point but find good help is such an important matter in our life's. BIG THANKS RO HOYES AND NICK. I AM SO GRATEFUL TO YOU
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Rachel Park 6/22/2023
Mickey B Avatar
Nicholas had an impressive level of professionalism, knowledge. He created a great case for my proposal, knowing how to best deal with the banks. I got my consumer proposal approved in the 1st attempt, and getting back my sleep and my mental health back on track with easy affordable monthly payments. About two thirds of my debt dissappeared into thin air overnight.
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Mickey B 6/07/2023
Stephen Smith Avatar
I had a great experience. I was very unsure about the whole situation I got myself into and thought there was no hope for me to get out of debt , they did a fantastic job and I would highly recommend them
read more
Stephen Smith 5/16/2023

Find Our Markham Bankruptcy Office

DIRECTIONS: Our Markham office is located in a retail-office plaza just west of Warden Ave. on the south side of Highway 7. It is situated next to Hilton Toronto/Markham Suites Conference Centre and across from Markham Civic Centre. There is ample free parking. Since the ground level spots fill up quickly, we suggest you park in the free underground parking. The entrance to the underground parking lot facing the Hilton. Our office address is 3621 Highway 7 East; our building is the shorter of the two buildings, and it is NOT the HSBC Building. We are on the third floor, Suite 308. If you are taking the bus, you can find us at the Town Centre station/stop on the York Region Transit VIVA transit corridor on Highway 7. VIVA Pink or VIVIA Purple lines will bring you right to our door. The Unionville GO Station is approximately 10 minutes away by car/bus and connects to our office via the VIVA Pink bus line. Click here for the VIVA system map.

Consumer Proposals in Markham

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 Markham 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 Markham 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 Markham

Personal bankruptcy should be a last resort, but sometimes it is the right solution to help you get out of debt. Our Markham 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 Markham 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.

Markham Debt Help

Markham Licensed Insolvency Trustee location

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 Markham team today at 1-866-747-0660.

Office Address

3621 Highway 7 East, Suite 308
Markham, Ontario

Toll Free: 1-866-747-0660


Map & Directions