Check out our new documentary DEBTASIZED.

Check out our new documentary DEBTASIZED.

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

3280 Bloor Street West
Centre Tower, Suite 240
Toronto, Ontario

Toll Free: 1-866-747-0660

Call us today: (416) 398-5005

Book A Free Consult

If you are struggling with debt repayment in Etobicoke, Ontario and are looking for ways to eliminate your debts, our experts are ready to work with you. Our Toronto – Etobicoke debt relief location can help you get out of debt with the following relief services:

We know that choosing the right solution to eliminate your debts can be a stressful one. At Hoyes, Michalos & Associates Inc. we want to make the decision as easy as possible. When you come in to our Toronto Etobicoke office, you will meet with Licensed Insolvency Trustee Brett Nicholson. Brett takes a caring approach towards all his clients and understands that debt problems can happen outside of our control. Brett will ask you some simple questions about your situation, what you own and your budget. He will then explain all of your debt elimination options in a clear and easy manner so you feel confident about your financial future. 

“I’m a family man myself. I understand the stress and pressure of taking care of children and the ever-increasing cost of living. I want to make my clients feel comfortable explaining their situations to me so we can work together on a plan to achieve financial freedom. – Brett”

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

Meet Our Toronto Etobicoke Debt Experts

Brett Nicholson, Licensed Insolvency Trustee

Brett Nicholson is a Licensed Insolvency Trustee, Consumer Proposal Administrator and Canadian Insolvency and Restructuring Professional (CAIRP). For more than five years, Brett has been helping individuals in his community deal with their debt problems. He understands that his clients’ lives are ever-changing and he takes his time understanding each individual’s personal and financial history. With a small child of his own, Brett appreciates the challenges that come with family budgeting and he draws on his personal and professional experience to help his clients manage their money. In his spare time, Brett likes to go hiking, camping and exploring the great outdoors. 

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. 

Dujana Avatar
I have been with Hoyes for 1 year.(3280 Bloor st Etobicoke branch) They were able to reduce my debt by 70%. Life has been more easier & I wish I found them earlier. The process was easy right from the beginning up to now. Brett has been amazing right from the beginning.🙌 He answers all your questions and takes his time. I never felt rushed, pressured, or judged by him at any moment of the process. The team overall provides EXCELLENT service! Thank you all so much!! ❤❤❤
read more
Dujana 3/03/2024
E Shelley Avatar
Very pleased with the patience and professionalism of this company. They took the time to understand and come up with best solution for my personal situation. I do not hesitate to give them the highest rating possible.
read more
E Shelley 12/27/2023
Phylis R (Phylloh) Avatar
I stumbled upon Hoyes , Michalos& associates just by luck on Facebook.
I was in a financial crisis and literally depressed .
Benny , Shelly and the team assisted me navigate through in the shortest period possible.
They will coherently explain details to you at your convenience and what drew me to them is the openness and determination they put out their to ensure you understand the process well.
They will assist you to put together your proposal paperwork each time explaining each step from start to finish .
It was a sigh of relief when the proposal was accepted I must say .
They also offer financial literacy materials to which comes in handy budgeting and management.
I sleep soundly knowing no creditor is blowing up my phone and I have peace that I pay an amount that I can afford compared to what I was to pay back.
I will definitely recommend them and kudos for you really really do a good job 👍
read more
Phylis R (Phylloh) 11/14/2023

Find Our Toronto – Etobicoke Bankruptcy Office

DIRECTIONS: Our Toronto – Etobicoke office is located on the corner of Bloor and Islington. There are three office towers which are all connected on the  ground floor. We are on the 2nd floor of the Centre Tower.

Brett meets with individuals in Etobicoke, as well as, York.  If you live close to Line 2, you have easy access to the Etobicoke office from Toronto and Mississauga.

We have 8 other Toronto locations, which can be found on our Toronto bankruptcy page.

Consumer Proposals in Toronto Etobicoke

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 Toronto Etobicoke 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 Toronto Etobicoke 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 Toronto Etobicoke

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

Toronto Etobicoke Debt Help

Toronto Etobicoke 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 Toronto Etobicoke team today at 1-866-747-0660.

Office Address

3280 Bloor Street West
Centre Tower, Suite 240
Toronto, Ontario

Toll Free: 1-866-747-0660

(416) 398-5005

Map & Directions