Foreclosure

Foreclosure is the process where your lender (mortgage holder) gains ownership of your property, is given the legal right to sell the property and uses the proceeds to pay off the mortgage. This usually happens when you are in default on your mortgage payments. The lender can generally initiate foreclosure any time after a default on the mortgage. However, there are numerous laws and regulations that govern foreclosure to protect both the home owner and the lender

We are experienced at handling property repossessions in the area of Alberta. We represent debtors and creditors with an interest in property, and we can provide you with knowledgeable advice at every stage in the process.