Financial Experts Grade New Bankruptcy Legislation: Student Loans: D, Tax Debts: D, Average Consumers: B+



    TORONTO, Feb. 5 /CNW/ - Douglas Hoyes and Ted Michalos from the firm
Hoyes, Michalos and Associates Inc. will appear in Ottawa on
Thursday, February 7 at 12:00 before the Senate Standing Committee on Banking
Trade and Commerce.
    LOCATION: Victoria Building 140 Wellington Street, Room 9, Ottawa,
Ontario.
    A live video stream will be available on the Senate web site:
http://www.parl.gc.ca/common/Committee_SenNotice.asp?Language=E&meeting_id=873
1&Parl=39&Ses=2&comm_id=3
    Hoyes and Michalos bring over 30 years experience in the bankruptcy
industry to provide recommendations, suggest discrepancies and highlight
possible conflicts within the new legislation.
    In their remarks they will highlight the burden placed on student loan
debtors by current bankruptcy legislation, and they will comment on conflicts
with the legislation brought about by Canada Revenue Agency's treatment of tax
debts.
    They will be available following the presentation for interviews on site
or by telephone.

    Hoyes, Michalos & Associates Inc., a trustee in bankruptcy firm with
offices throughout Ontario, helps people in financial difficulty. Further
information can be found at http://www.hoyes.com/press.htm.





For further information:

For further information: Douglas Hoyes, CA, Trustee in Bankruptcy,
dhoyes@hoyes.com, Ted Michalos, CA, Trustee in Bankruptcy, ted@hoyes.com,
1-866-747-0660


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