Category Archives: Foreclosure Advice

Core Values and the Foreclosure Game

Just when you think you’ve got the Alberta foreclosure process all figured out, a curveball lands you square in the face. In Alberta, the foreclosure process affords the homeowner the flexibility of time by honouring a suitable redemption period when … Continue reading

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Personal Liability of Foreclosure in Alberta

Contemplating the personal liability of Foreclosure in Alberta is serious business. If for some unfortunate reason you find yourself in this position, you may be wondering just how much you could be on the hook for that outstanding debt you … Continue reading

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Credit Counselling Caution

  Credit Counselling Even a passive observer knows that consumer debt levels in Canada have reached record highs. StatsCan recently reported the ratio of household debt to disposable income to be 1.48, exceeding US household debt levels for the first … Continue reading

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The Personal Costs of Foreclosure in Alberta

For a homeowner in Alberta, going through a foreclosure action can be a very costly ordeal in many areas of life. These include the obvious and substantial implications it can have on ones financial stability and personal credit rating, but … Continue reading

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Rights of Redemption – A Homeowner’s Rights After the Redemption Period!

Definition: Equity of Redemption – the right of a borrower to redeem (i.e., buy back) his or her property by paying off the outstanding mortgage debt in full. Don’t confuse this term with the Right of Redemption of a borrower. … Continue reading

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Using Home Equity to Reduce Bad Debt

Used properly, home equity can be very useful for homeowners wanting to get out of debt. What? You say I should go into debt to get out of debt?  Well, actually, Yes! If done correctly, leveraging debt can work to … Continue reading

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The Foreclosure Process – A Conversation with Harold

If your Calgary property is going into Foreclosure in Alberta, we put together this informative video that answers many homeowner’s foreclosure questions. Just click on the video above, and send us any questions or comments you may have in the … Continue reading

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Alberta Foreclosure Advice

At whatever stage of foreclosure you may be currently, understanding that you as the homeowner remain in control both of your home as well as the direction and result of the proceedings against you is of paramount importance. This remains … Continue reading

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