In 2005 there were 374 Canadian residents that filed a consumer proposal or personal bankruptcy in Guelph. Although that number was down from the record 442 people who filed in 2002, and although Guelph has one of the lowest personal bankruptcy rates in Canada, there are still people each year who have more debt than they can handle, and who need help.
Since moving to Guelph in the 1960s, and co-founding Hoyes, Michalos & Associates Inc. in 1999, Ted Michalos, a bankruptcy trustee in Guelph, has been a part of the Guelph community, and continues to work to help people find solutions to their financial problems. Ted and his team, including Scott Schaefer, meet with everyone personally, and work to find a plan to deal with their debts.
![]() |
![]() |
|
Ted Michalos, CA, Trustee
|
Scott Schaefer, CA, Trustee
|
Ted and Scott want to have enough time to answer all of your questions, so please call or e-mail for an appointment or to ask a Guelph bankruptcy question.

300 Willow Road, Unit 202, Second Floor
Guelph, ON
How to Find our Bankruptcy Trustee in Guelph
Our Guelph bankruptcy office is located at 300 Willow Road, Unit 202, across from the Willow West Mall, near the corner of Willow Road and Silvercreek Parkway. It is called the Cornerstone Building and we are the first office on the left side of the second floor. Ted, Scott and the entire team will work with you to make a plan to deal with your financial problems.
Driving Directions:
From the 401: Take Highway 6 North (approximately 14 kms) and turn right at the Willow Road exit. Office will be on the right hand side.
From Fergus: Take Highway 6 South (approximately 18 kms). Highway 6 ends at Woodlawn Rd. Turn right onto Woodlawn Road, Left onto Silvercreek Parkway, Left onto Willow Rd. Office will be on the right hand side.





