Tag Archives for " canada "

Apr 02

Power of Sale v Foreclosure

By Bruce Firestone | Uncategorized

Canada, being a kinder gentler version of America, has its own remedy for mortgage default (a type of foreclosure) called Power of Sale (POS). If you don’t make your mortgage payments (first, second or even third), the mortgage holder has the right to commence POS procedures against you and your property. When they do so, […]

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