Last blog added on Friday, April 16th, 2021

Information About Hoyes Michalos Ontario Bankruptcy Blog

Recent Posts

Below is a preview of the five most recent posts from the blog Hoyes Michalos Ontario Bankruptcy Blog. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!

  • Why You Should Not Pay a Collection Agency

    If you don’t pay your bank loan, credit card or other debt, the lender may decide to send your file to a collection agency.  A collection agent’s job is to phone you and take whatever measures they decide are necessary to collect the money.  They want to collect because that’s how the collection age … Read more »

  • 7 Reasons Why Budgets Fail and How You Can Succeed

    Most people have a hard time executing or sticking to a budget. As a credit counsellor I talk with people every day frustrated about how their budget isn’t working for them. They want to know what they can do to get back on track without relying on debt. I’ve pulled together a round-up of 7 common r … Read more »

  • Trust Advisory Service Contract Review – What Is This?

    The scams continue. Once again, we are hearing from people struggling with debt responding to advertisements about consumer proposals by companies not licensed to provide those services. I understand that we live in a buyer beware world; however, when someone is charged $2,000 unnecessarily for advi … Read more »

  • Why File Bankruptcy in Your 20s?

    Legally you can file bankruptcy as young as 18. How much, and what kinds of debt can cause so much trouble for someone that they need to consider filing bankruptcy in their 20s? To answer that question, I will explain more from our annual profile of an insolvent debtor. This study shows what types o … Read more »

  • What Not To Do Before Declaring Bankruptcy

    Bankruptcy allows you to wipe out your debt and start fresh. The process can stop legal actions against you, and it will also prevent your creditors from harassing you for repayment. However, bankruptcy is a legal process, and your conduct before filing will be under review. There are some things th … Read more »