If you’re struggling with debt in Scarborough, Ontario, you deserve expert advice from someone who understands your financial challenges. At Hoyes, Michalos & Associates, you’ll meet personally with Licensed Insolvency Trustee Nicholas To, who has helped hundreds of individuals and families regain financial control.
Our Scarborough debt help team provides clear, judgment-free guidance on all available solutions, including:
Nicholas will take the time to understand your personal financial challenges and create a debt relief strategy tailored specifically for you. Whether it’s credit card debt, student loans, tax debt or personal loans, you’ll receive compassionate and practical guidance about options to regain financial control without bankruptcy. Many clients avoid bankruptcy by choosing a customized debt relief plan, such as a consumer proposal, which can reduce debt by up to 80% while allowing them to keep their assets.
“I don’t take a cookie-cutter approach. I listen to my clients, understand their priorities, and work with them to build a realistic debt relief plan. – Nicholas To, Licensed Insolvency Trustee”
Ready to be debt-free? Call 1-866-747-0660 or to schedule a FREE, confidential consultation with Nicholas today.
Meet Our Scarborough 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. Nicholas provides debt relief services to individuals living in Scarborough, as well as, surrounding regions of Brimley, Scarborough Township, Scarborough Junction, Agincourt, Don Mills, Ajax, and Pickering.
Find Our Scarborough Bankruptcy Office
DIRECTIONS: There is metered street parking available, as well as ample parking at Scarborough Town Centre (after 10:00 a.m.), just north of our offices. If you are using the subway, get off at McCowan (the last stop at the east end of the LRT). Walk back one block.
Reduce Debt with a Consumer Proposal in Scarborough
Scarborough residents often face debt stress due to high-interest credit cards, payday loans, rising housing costs and CRA tax debts. A consumer proposal is a powerful, government-backed solution designed to:
- Cut your debts by up to 80%
- Immediately stop collection calls and wage garnishments
- Freeze interest charges
- Protect your assets
With a consumer proposal, you get an affordable monthly repayment plan tailored to your budget, enabling you to avoid bankruptcy and regain control. Our Scarborough debt experts will work directly with your creditors to help you experience relief.
Book a free consultation today to explore your options.
Debt Consolidation vs. Consumer Proposal: Which Is Better?
If you’re struggling with credit card debt, tax debt, or other unsecured loans, you may consider a debt consolidation loan or second mortgage. However, debt consolidation loans often carry hidden risks, such as high interest rates and stringent approval criteria, which can make your financial situation worse.
Debt consolidation loans often come with high interest rates (15-40%), require good credit, and don’t reduce the total debt owed. Monthly payments may also be unaffordable. On the other hand, a consumer proposal offers a safer alternative with 0% interest, requires no credit check, and can eliminate up to 80% of your debt while keeping payments affordable.
We’ll help you compare debt relief options and find the best solution for your needs. Speak with a Scarborough Licensed Insolvency Trustee today to find the right debt solution for you.
What You Need to Know About Filing Bankruptcy in Scarborough
Bankruptcy should always be a last resort, but in some cases, it provides the best path to a fresh financial start. Our Scarborough Licensed Insolvency Trustee will help you determine whether bankruptcy or a consumer proposal is the right solution for your situation.
Filing for bankruptcy can eliminate unsecured debts, stop wage garnishments, and provide a structured repayment process. However, it’s important to understand the costs, obligations, and potential impacts before deciding. That’s why we offer free consultations to help you explore your options.
No matter how serious your debt problem is, there are always options. Call 1-866-747-0660 to book your free consultation today.
You Don’t Have to Face Debt Alone
Many Scarborough residents struggle with financial challenges such as:
- Credit card debt: Minimum payments keep you trapped in a cycle of debt
- Payday loans: High interest rates make repayment nearly impossible
- Tax debt: The CRA can freeze bank accounts or garnish wages
- Student loans: Government loans may be discharged after seven years
- High-interest installment loans: Borrowing at 39-59% interest makes debt harder to repay
At Hoyes, Michalos, we provide compassionate, professional support to help you break free from debt and regain financial control.
Why Work With a Licensed Insolvency Trustee?
With a 99% success rate on consumer proposals, Hoyes, Michalos provides trusted debt relief solutions that work. Choosing a Licensed Insolvency Trustee ensures access to expert, unbiased, and legally regulated advice. Our consultations are confidential and completely free, providing you with clear, professional guidance to choose a debt solution tailored to your specific needs.
You deserve financial freedom. Call 1-866-747-0660 to book your free, confidential consultation today and take the first step toward a debt-free future.
