Foreclosure lawyers list in Canada

Foreclosure

Foreclosure lawyers in Canada provide specialized legal services to lenders (and sometimes borrowers) involved in mortgage enforcement and foreclosure proceedings. Their services typically include:

• Mortgage Enforcement
  • Advising lenders on legal options when a borrower defaults
  • Initiating foreclosure or power of sale proceedings
  • Drafting and serving default and demand letters
• Foreclosure Proceedings
  • Filing court applications for judicial foreclosure (common in provinces like British Columbia and Alberta)
  • Managing the legal process to obtain possession and title of the property
  • Obtaining deficiency judgments (if the property is sold for less than the mortgage balance)
• Power of Sale (Ontario and other provinces)
  • Guiding lenders through the non-court power of sale process
  • Ensuring compliance with statutory notice and sale requirements
• Debt Recovery
  • Pursuing additional remedies such as personal guarantees or deficiency balances
  • Representing lenders in litigation to recover unpaid debts
• Negotiation and Settlement
  • Facilitating mortgage workouts, forbearance agreements, or loan modifications
  • Assisting with refinancing or repayment plans to avoid foreclosure
• Title and Property Issues
  • Resolving title defects or lien issues that may affect foreclosure
  • Advising on property possession and eviction of occupants
• Representing Borrowers (in some cases)
  • Defending foreclosure actions or negotiating alternative solutions
  • Advising on legal rights, timelines, and potential consequences
• Court Representation
  • Representing clients in superior or provincial courts for foreclosure-related hearings

These services can vary slightly by province due to differences in foreclosure laws and procedures.