Randy A. Folmes

Husband, Father of two daughters, Tech Strategist, Community Builder, Avid cyclist, & Amateur Blackjack player. “One level of service, it's the best.

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

There’s a lot more going on behind that “Congratulations, you’ve been approved for an increase!” message. ⚠

Why would a lender raise a credit limit when someone is already struggling to keep up?

Listen to the latest episode of Debt Free in 30:
https://t.co/a64iUrU08g

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

Can government debt be included in debt relief? Short answer: yes.

Debts owed to the CRA, student loans, and other government debts may be subject to different rules regarding debt relief.

Watch the video for a breakdown and learn more here:

https://t.co/xv1uSQ11lf

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

Does debt relief ruin credit?

It can affect credit, but it doesn’t have to define the future!

Credit can be rebuilt. And there’s support available along the way. We’re here to help through the process and beyond.

https://t.co/6iKKaCYG9B

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

Will I lose my house if I file for bankruptcy?...

It’s one of the first questions many homeowners have, and the answer may be more reassuring than expected.

Before assuming bankruptcy means losing your home, see what you need to know:
https://t.co/jZmh4Hi8XK

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

What if the most dangerous thing about debt… isn’t the debt itself?

Sometimes, it’s how quickly something can start to feel normal.

If debt is becoming harder to manage, understanding the options is a good place to start.

Begin here: https://t.co/iWo5cf2nYq

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

Debunking Financial Myths: The Impact of a Consumer Proposal. A common misconception is that filing a consumer proposal causes permanent credit damage. In reality, it acts as a structured financial reset.
Ted Michalos & Doug Hoyes explain. 👇

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

Ever heard of "The Wealth Effect?"
It can have some really negative impacts on financial decision making! But if you are aware of it, you might find yourself making better choices. So what is the wealth effect? Doug & Ted explain 👇

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

Debt first. Investing second. That high-interest balance is silently wrecking your returns.
Kill the debt → then grow the wealth. No exceptions.

#debt #investing #personalfinance

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

You’re not bad with money - The system is designed to keep you in debt! Here’s how:
https://t.co/JprMobO3Ad

#Debtasized #MoneyManagement #FinancialLiteracy

[OPP West Region @OPP_WR]

This common habit could be fatal. A few seconds of comfort isn't worth a lifetime of pain! #OPP reminding drivers and passengers to keep feet OFF the dashboard — It could save your life! #WROPP ^es
============================
Cette habitude courante pourrait vous coûter la vie. Quelques secondes de confort ne valent pas une vie entière de souffrance ! #OPP rappelle aux conducteurs et aux passagers de ne pas poser les pieds sur le tableau de bord — Cela pourrait vous sauver la vie ! #WROPP ^es

[Doug Hoyes @doughoyes]

I have fibre internet.
It stopped working.
Turns out ants ate through the cable.
(Yet another post of mine that has no point)

[Clive Cussler AUTHOR @CliveCussler_]

COLD FIRE is available now. The latest novel from NUMA Files adventure series.
#AdventureAwaits #read #suspense #action #thriller
#clivecussler #novels

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

Separation doesn't separate debt. ⚠

Who is legally responsible for shared debt? How does splitting impact credit scores? Listen to learn how shared debt can create unexpected complications, even after a relationship ends, and where to turn next.🛣️

https://t.co/EyNd8rydAC

[Doug Hoyes @doughoyes]

For competitive reasons, we release our Hoyes Michalos Homeowners Bankruptcy Index with a ~6-week delay, but here's a sneak peek:
April: 11% — highest level since 2017
May: over 12%
June: trending even higher 📈
Insolvent homeowners are still a far smaller share of filings than in 2011… but the trend is rising fast and accelerating.
Full data here: https://t.co/THPnGEOmFH

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

Debt settlement is one option for dealing with debt, but it isn't the only one.✅

Doug discusses the pros and cons, as well as alternative debt relief options worth considering.

https://t.co/OZiQ1PiY3p
#DebtRelief #debtsettlement #debthelp #debtoptions

[Randy A. Folmes @RFolmes]

@AiperOfficial what’s the issue with my pool cleaner? I just bought the Scuba N1 from Costco. I have run it 4 times in the last 5 days. Twice in Auto and twice on floor.

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

Should a credit card balance be carried to build credit? Does checking a credit score lower it? Can bad credit be erased?🤔

Canadians hear a lot of advice about credit, but not all of it is true! Listen to learn which credit myths could be costing you:
https://t.co/kDsk17jXgl

[Hoyes Michalos - Licensed Insolvency Trustees @HoyesMichalos]

The most important money question isn't always about the price tag.🏷️

Asking the right question first can help bring clarity to both everyday spending decisions and major financial commitments.

For anyone feeling stuck because of debt, start here: https://t.co/rdW7qeuHR1

[Randy A. Folmes @RFolmes]

I pass this everyday, multiple times a day. One guy saw me looking at him and he held it higher and started laughing.

[OPP West Region @OPP_WR]

On Friday, May 29, 2026 #EssexCtyOPP caught a driver holding a hand held communication device while operating their motor vehicle.

It only takes one second for an officer to witness you pick up a communication device while driving.

Inattentive driving continues to be a leading cause of fatal collisions. Distracted or inattentive driving includes any activity that diverts a driver's attention from the road. Keep your focus where it belongs, the roadway. ^cc

[OPP West Region @OPP_WR]

On Friday, May 29, 2026 #EssexCtyOPP caught a driver holding a hand held communication device while operating their motor vehicle.

It only takes one second for an officer to witness you pick up a communication device while driving.

Inattentive driving continues to be a leading cause of fatal collisions. Distracted or inattentive driving includes any activity that diverts a driver's attention from the road. Keep your focus where it belongs, the roadway. ^cc