Creditor's Rights

CREDITORS’ RIGHTS AND REMEDIES

GFW’s creditors’ rights lawyers have experience in assisting clients in navigating through issues relating to debt collection, security enforcement, mortgage remedies, and insolvency.

Whether it is mortgage enforcement or seeking a resolution pursuant to the terms of an agreement, our clients require that payments for goods or services rendered be received on a timely basis to ensure their continued financial viability.

As such, our creditors’ rights lawyers assist in the collection of debts whether they arise from a promissory note, mortgage agreement, commercial account, personal debt, or court judgment.  GFW’s creditors’ rights lawyers can draw on a variety of possible remedies including garnishment, seizure of assets, injunctions, foreclosure proceedings, Power of Sale, judicial sales, and receiverships.

Financial challenges faced by some businesses may also result in unforeseen insolvency and restructuring proceedings. Our clients rely on our experience in planning and implementing restructuring plans, or advising on the implications of the Personal Property Security Act, Bank Act, Bankruptcy and Insolvency Act, and the Repair and Storage Lien Act.

Our lawyers can provide you with advice on:

•    Foreclosure proceedings

• Debt collections

• Power of sale proceedings

• Judicial sale proceedings

• Receivership law

• Corporate restructuring

• Priority issues

• Garnishment

• Mortgage enforcement