A CGA, CPA and Licensed Insolvency Trustee with Hoyes Michalos in Windsor, Ontario. Helping people to be debt free. Proud hockey goalie mom.
Windsor, On, Can
Joined October 2010
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Rebecca Martyn retweeted
City of Windsor is considering implementing a program to steer people away from predatory lenders.
This is a much needed resource, especially as the new criminal interest rate begins Jan 1. (Which we will be discussing Sat on Debt Free in 30 podcast)
windsor.ctvnews.ca/community…
Rebecca Martyn retweeted
⏰The countdown is on! Set your alarm for 8am tomorrow morning when our documentary Debtasized is released on YouTube!
Learn about the history of credit and how it has impacted society!
youtube.com/c/debtfreein30
Rebecca Martyn retweeted
Today is the day! Debt Free in 30 goes LIVE at 2PM!
Join @doughoyes and special guest @ronmortgageguy from the Angry Mortgage Podcast to discuss the current state of mortgages and real estate!
Ask your questions in advance: hoyes.com/realestate2023
Rebecca Martyn retweeted
If you are a low-income worker and got the Advanced Canada Workers Benefit payment in July, be aware:
It's a payday loan, and you may have to pay it back next year.
2-minute video explainer: youtu.be/P9IyZgfOHb4
Longer written explanation, with links: linkedin.com/pulse/federal-g…
Rebecca Martyn retweeted
This week on the podcast:
Scams.
Like the online loan scam (see clip below).
Check the time stamps for the list of frauds I discuss with our expert this week on Debt Free in 30.
YouTube: youtu.be/_aJ4J57ewr0 and all podcasting apps.
Rebecca Martyn retweeted
The Hoyes Michalos Homeowners Bankruptcy Index tracks the % of our clients who own a home when they file a proposal or bankruptcy.
Last year it touched 0%.
Now it's spiked to 6.8%, the highest level in 3 years.
A new trend?
We shall see.
Full details here: hoyes.com/press/homeowner-ba…
Rebecca Martyn retweeted
Insolvencies are back on the rise with Millennials leading the pack, according to a new Joe Debtor report from @HoyesMichalos.
More details in my latest for @financialpost:
financialpost.com/personal-f…
Rebecca Martyn retweeted
JUST RELEASED:
The Hoyes Michalos "Joe Debtor" Bankruptcy Study.
The only one of its kind in Canada.
Millennials are 27% of the population but are half of all consumer insolvencies filed.
That, and a lot more, here:
hoyes.com/press/joe-debtor/
A cold, blustery start to the Ontario Winter Games last night for the Panthers at the opening ceremonies. @RC2023OWG #bestgamesever #owg2023 – at Arnprior, Ontario
Rebecca Martyn retweeted
JUST RELEASED:
Our year-end analysis of what happened with consumer insolvencies in 2022 and what's to come.
Will we keep seeing double-digit insolvency growth into 2023? @doughoyes explains:
hoyes.news/consumer-debt-ana…
Rebecca Martyn retweeted
Beware of unregulated unlicensed debt advisors claiming to be authorized to assist with insolvency options. canada.ca/en/innovation-scie… #ConsumerAlert #FLM2022 #debtadvice
Rebecca Martyn retweeted
JUST RELEASED:
Ontario consumer insolvencies were up 29.1% in September compared to a year ago, the 5th straight month of strong double-digit growth.
Could be a trend....
More details here: hoyes.com/press/consumer-ins…
Fewer properties to chose from, and harder to sell in October in Windsor blackburnnews.com/windsor/wi…
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Rebecca Martyn retweeted
UPDATE:
iCash has confirmed (to @schaefercpa in my office) that they made a mistake.
The text was not appropriate.
We have asked that they send another text to each person acknowledging their mistake.
If they do, our work here is done.
(For now).
Rebecca Martyn retweeted
Interest rate hikes have been crippling many homeowners.
So why aren't we seeing an increase in homeowner bankruptcies?
@doughoyes explains in today's post & shares predictions for when insolvencies will rise: hoyes.com/blog/homeowners-no…
Rebecca Martyn retweeted
Apparently Canada Post sent out a bulk email today about their "My Money" loan.
I'm not a fan, as discussed on the podcast six months ago: youtu.be/_OE4BctfcSw
Rebecca Martyn retweeted
Money getting tighter? Please don't get a payday loan to make up for a shortfall.
Here are 8 alternatives in a cash crunch.
(Also, you can come talk to us anytime for free advice).
hoyes.com/blog/8-alternative…
Rebecca Martyn retweeted
Let's talk about the rate increase.
AM 800
iheartradio.ca/am800/news
At around 2:40 or so.
So now.
*Another* major rate hike today as we all know...
But what does this mean for the average borrower? @doughoyes will be on @AM800News in 10 minutes to discuss.
Rebecca Martyn retweeted
*Another* major rate hike today as we all know...
But what does this mean for the average borrower? @doughoyes will be on @AM800News in 10 minutes to discuss.
A record for the amount of times we've had to update this post.
Bank of Canada increased interest rate by 75 basis points today.
Here's what that means for your debts: hoyes.com/blog/rising-intere…
