Pallett Valo represents lenders to ensure that their security is protected and that they are repaid the funds that they are owed by a borrower.
We work with the client to determine the best course of action and remedy available, whether that is an action for repayment of the debt, appointing a private receiver to take possession and manage the property, applying for a court appointed receiver, or helping to sell the property through a power of sale. These steps are often supported by an action for possession or an action for judicial sale or foreclosure. We would be happy to discuss the best strategy.
We also assist borrowers who may need to restructure or who have been subject to predatory lending practices and need access to a remedy to ensure that they do not lose their property in such circumstances.
- Court of Appeal Upholds Power of Sale Safe Harbour Protection
- Disposing Assets on the Eve of Insolvency – Court Revisits the Test for Fraudulent Conveyance
- Guarantors Cannot Escape Their Obligations to Lenders Through Separate Agreements if the Result Is Unfair
- Court Sets Aside Power of Sale Transfer to Good Faith Buyer