Creditors’ Rights Law

KRMC’s Creditors’ Rights Department is a specialized practice group that acts for creditors in enforcing and collecting unsecured and secured debts.

We treat debt collection as a unique type of litigation requiring a fine-tuned, specialized approach. We have developed unique expertise in this area of law, along with a sophisticated infrastructure that enables us to produce timely, efficient and cost-effective results for our clients.

The clients of our Creditors’ Rights Department include financial institutions, real estate companies, leasing companies, finance companies and many other creditors. We are frequently retained to enforce defaults in relation to all types of consumer and commercial debt, including:

• Mortgages
• Credit cards
• Lines of credit
• Motor vehicle leases
• Loans and promissory notes
• Guarantees
• Chattel mortgages
• Conditional sales contracts
• Commercial leases
• Defaults under contract
• Payment for goods

We are experienced in all major types of collection and enforcement procedures regarding both secured and unsecured debts, such as seizures, garnishments, repossessions, power of sale proceedings and sheriff’s sales. Our professionals regularly deal with landlord and tenant issues arising in the course of mortgage enforcement proceedings.

Should a debtor make an assignment in bankruptcy or file a proposal, we are well versed and positioned to ensure that our clients obtain the best possible recovery. We also assist in opposing discharges of bankruptcy when appropriate and in aggressively countering debt avoidance or protest schemes.

With agents in every province and links to law firms throughout North America, KRMC is able to assist clients with collection matters not only in the Greater Toronto Area, but also throughout Ontario, Canada and the United States.

KRMC takes an assertive, hands-on approach to every file we handle. Our focus is maximizing our clients’ recovery and achieving tangible, bottom-line results.

For more information please contact one of our Creditors’ Rights Law lawyers.