Consumer Proposals & Bankruptcy Advice Toronto Downtown, ON

Office Address

8 King Street E, Suite 812
Toronto, ON

Toll Free: 1-866-747-0660

(416) 815-7515

Map & Directions

Bankruptcy can eliminate your debt, but it is not the only option. Our team in the our downtown City of Toronto office will help you explore several debt management solutions including:

  • Consumer Proposals
  • Personal Bankruptcy
  • Credit Counselling
  • Debt Consolidation
  • Debt Settlement

Our Toronto Licensed Insolvency Trustee, Julie Wildman has been a Licensed Insolvency Trustee since 2004. She will guide you through the decision making process so you can be sure you have made the right choice based on your personal circumstances.  Often bankruptcy really is the correct solution but at Hoyes Michalos we will make sure you understand all of your alternatives, including consumer proposal and credit counselling before you make the final decision.

Free Consultation

Imagine what it would be like to be free of worries and debt. The right solution depends on your unique situation. To understand your needs, we provide a free 30 minute, no-obligation debt assessment. Need more than 30 minutes? No problem, we will take as much time as you need to answer your questions. Need a second or third consult before deciding? Again, no problem. All our consultations are free.

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

Meet the Toronto Downtown Team!

Julie Wildman BBA, MBA, CPA, CIRP

Julie Wildman, Licensed Insolvency Trustee

Julie Wildman is a Chartered Professional Accountant, Licensed Insolvency Trustee and Consumer Proposal Administrator. Julie helps people seeking debt relief in our Toronto Downtown office and would be happy to discuss your situation via phone or email.

Read Julie's Full Biography »

J. Douglas Hoyes BA, CA, CPA, LIT, CIRP, CBV

J. Douglas Hoyes, Licensed Insolvency Trustee

Doug is our co-founder and is a Licensed Insolvency Trustee, certified Insolvency Counsellor and Chartered Professional Accountant. He also meets with clients in our Toronto Downtown location.

Read Doug's Full Biography »

Shelly Ann Redhead

Shelly Ann Redhead, Coordinator and Client Service Representative

Shelly Ann Redhead is a Coordinator and Client Service Representative helping clients at our Toronto Downtown office.

Read Shelly Ann's Full Biography »

Scott Terrio BA, Certified Credit Counsellor

Scott Terrio, Manager, Consumer Insolvency

In his eight years working in the insolvency industry, Scott Terrio has met with and filed thousands of clients, primarily consumers. He works from our Toronto Yonge & Bloor and Toronto Downtown locations.

Read Scott's Full Biography »

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.

Catherine WeaverCatherine Weaver

Professional kind understanding and makes you feel important. They understand and do not judge. This firm explains the process so you understand what is to be expected. Your questions are answered and there is always someone at the firm to provide guidance. I am most grateful for their service
and I know I have chosen the right people. Thank you Hoyes, Michalos & Associates.

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Elyse SaundersElyse Saunders

They have been very friendly and helpful from the beginning. I feel a huge weight off my shoulders, not only because of me debt relief, but also because I feel more financially literate. Ive suggested their services to a few friends of mine also.

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Amber LangilleAmber Langille

Amazing experience! I would definitely recommend checking out your options here.

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Find Our Downtown Toronto Bankruptcy Office


DIRECTIONS: Our Downtown King Street office is located at the corner of King Street and Yonge Street. It is the heritage Royal Bank tower and the entrance is on King Street just past Sleep Country. If this location is not convenient, we have 8 other Greater Toronto Area locations to serve you.

Debt Relief in Toronto

Consumer Proposal: a consumer proposal is an arrangement you make with your unsecured creditors to repay a portion of you debt usually through monthly payments over a period of up to 5 years. It is also possible to offer your creditors a lump sum settlement. A proposal is a better option than informal debt settlement because it is binding on all your unsecured creditors once accepted by a majority of your creditors based on dollar value.

Debt Consolidation: A debt consolidation loan will allow you to consolidate multiple debts into one monthly payment. However you do not eliminate any debt, interest continues to accrue and not all people can qualify for a debt consolidation loan.  In these situations a consumer proposal may be a viable alternative. In a proposal you keep your assets including any equity in your home and you settle your debts.

Personal Bankruptcy: Bankruptcy is always the option of last resort however in some cases it does make sense.  If you do need to file bankruptcy with us in Toronto, Julie will guide you through the process every step of the way.

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

Similar Posts:

  1. Avoid Bankruptcy For The Second Time: A Consumer Proposal Story
  2. Why a Consumer Proposal May Be Your Best Option
  3. Debt Settlement vs. Consumer Proposal – What’s the Difference?
  4. Consumer Proposal vs Debt Consolidation
  5. Debt Consolidation vs Bankruptcy

Office Address

8 King Street E, Suite 812
Toronto, ON

Toll Free: 1-866-747-0660

(416) 815-7515

Map & Directions

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