We are well versed in creditor engagements and can provide robust legal support to lenders and commercial suppliers extending credit with right-sized cost effective advocacy emphasizing practical solutions to maximize your recovery. We understand the critical need for effective debt recovery and the protection of your financial interests.
When debtors default, we can act decisively on your behalf to appoint receivers or receiver-managers, realize on security, and commence actions for recovery on secured and unsecured debts owing to you —to facilitate prompt recovery to you as creditor.
Effective collections, whether secured or unsecured, demand a deep understanding of the nuances of creditor and debtor rights within Alberta's legal framework, including relevant exemptions to unsecured claims and priority regimes amongst secured and unsecured creditors. Our vast experience allows for precise interpretation and analysis of security and recovery positions, prompt enforcement actions (including more bespoke approaches including pre-judgment attachment, petitioning into bankruptcy, limited-scope receiverships, fraudulent preference legislation, and interim receiverships that are often overlooked).
Our services for creditors in Alberta and British Columbia include a full range of enforcement actions tailored to your specific security regime, debt sizes, and credit / industry specific risks.
We are committed to helping lenders and institutional creditors navigate the complexities of debt recovery and security enforcement in Alberta and British Columbia, ensuring your impaired portfolios are enforcement or, in conjunction with your special loans teams, intensively managed in accordance with statutory requirements promptly and thoroughly to reduce loan losses and protect your interests.
Contact us today to discuss our solutions to protect your interests.