Foreclosure Law
Foreclosure law deals with mortgages against real estate. When the borrower does not keep paying their mortgage. The lender often starts foreclosure proceedings that will ultimately lead to the property being sold or seized by the lender unless the mortgage is repaid.
If you are a mortgage holder, the biggest challenge you face is the lengthy foreclosure process itself., which involves multiple court hearings. If not handled correctly, a foreclosure can take a long time, and throughout the process you are being deprived of your monthly payments. Even worse, the amount you are owed could add up to more than the property is worth, leaving you with a potential loss. We can drive the process forward, and help you get repaid as quickly as possible.
We also assist property owners who are facing a foreclosure against their property. Often these situations involve difficult financial circumstances, and we can help you come up with a plan to avoid losing your property, and maximize your equity.
Collections Law
If someone owes you money and hasn’t paid you back, you need to take quick action to recover your loan before it is too late. We are experienced in collections law ranging from large written promissory notes to informal verbal loans. In many cases we can use expedited court processes to seek a judgment more quickly and affordably.
Once you have a judgment, you then need to collect on it, which can involve garnishing bank accounts, seizing and selling the debtor’s property, or obtaining a court ordered payment plan. We can help you choose the option with the highest chances of success.
Contact us to discuss your collections law or foreclosure law matter
Cadeyrn N. Christie
Velletta & Company
4th Floor - 931 Fort Street
Victoria, BC V8V 3K3
250-383-9104