Who Can Put a Lien on Your House in Canada? Liens can significantly impact property ownership in Canada, often catching homeowners off guard. Understanding liens—what they are, the types that exist, and who can place them on your property—is crucial for any homeowner. This article unpacks the complexities of liens, explores potential lien holders, and discusses the consequences they can have on property sales. It […]Learn more >
Understanding Power of Sale vs Foreclosure in Canada: What You Need to Know What Is Power of Sale? Power of Sale is a legal process that allows a lender to sell a property when the borrower defaults on their mortgage. The lender can initiate this process without going through court. This method typically enables quicker recovery of the loan amount while ensuring the property is sold at fair […]Learn more >
Statute of Limitations on Debt in BC Navigating the complexities of debt can be overwhelming, especially when it comes to understanding your rights and obligations. One critical aspect that often gets overlooked is the statute of limitations on debt in British Columbia. This law sets a time limit for how long a creditor can legally try to collect a debt from you. […]Learn more >
You automatically lose your tax refund for the uyear of bankruptcy and all priuor years. You should not lose your refunds beyond that unless you specifically agree to let your creditors have them.