Creditors’ Remedies/Secured Transactions

Primary Contact

SHK’s lawyers are frequently retained to negotiate and prepare the necessary documents to provide you with the best opportunity to secure a loan.

You may be looking to negotiate the following:

  • Mortgage or other security agreement
  • Loan agreement, facility letter, commitment letter or other loan agreement
  • Personal guarantee
  • Environmental agreement
  • Indemnities
  • Corporate resolutions of the directors of the borrower
  • Opinions of counsel for the borrower
  • Filings in public registries, such as the Land Title Office and the Personal Property Registry

Where a loan, whether secured or unsecured, is not paid when due, we assist you with your collection efforts, including:

  • Acting as counsel in claims to obtain a judgment
  • Collection procedures, such as garnishment of bank accounts, seizures of debtor’s property, court orders to secure property
  • Mortgage foreclosure proceedings on real estate
  • Enforcement of builders liens
  • Enforcement of mechanics liens, or warehouse liens
  • Companies’ Creditors Arrangement Act proceedings
  • Bankruptcy and Insolvency Act proceedings