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At Zayouna Law Firm, we really take the time and go the extra step to get personally acquainted with our clients and their situations.

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Mortgage and Secured Transactions Disputes

Zayouna’s commercial litigation group represents clients in all types of loan disputes.

Typical Clients:

  • Commercial lenders
  • Private lenders
  • Borrowers
  • Guarantors
  • Tenants
  • Corporations
  • Mortgagees
  • Mortgagors
  • Mortgage brokers

At Zayouna, we are committed to providing our clients with first-rate, cost-effective and timely advice and representation. Whether you are defaulting on your loan and need to know your options, or you are a lender seeking to obtain judgment or re-possess your security (personal or real property), we are ready to assist you.

Types of Disputes

Our commercial litigation group is equipped with the necessary expertise to provide you with representation with respect to all aspects of loan disputes, including:

  • Mortgages Disputes
  • Power of Sale, Foreclosure and Judicial Sale
  • Promissory Note Disputes
  • General Security Agreement Disputes
  • Vendor Take-Back Mortgage Disputes
  • Personal Property Security Disputes
  • “Earn-Out” Security Agreements Disputes
  • Disputes Relating to Guarantees
  • Credit, Loan and Secured Transaction Agreement Disputes

FAQs

Unless the mortgage or the contract specifies otherwise, the Mortgages Act stipulates that a notice of a lender’s intention to exercise a power of sale cannot be delivered until the default has continued for at least 15 days. After the Notice of Sale is mailed, the lender must wait 35 days (or 40 days if the property is occupied by a married couple) before taking further steps.

Yes, there are various forms of security one can take as against loans, including over personal property. Each type of security has its own requirements at law. Lenders commonly take general assignment agreements, charges over land, PPSA related securities, guarantees, etc…

If you are involved in a mortgage, loan or security dispute and require timely, practical and skilled advice, please contact us today for an initial consultation.

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    Location Map - Zayouna Law Firm

    Toronto

    Phone
    1-866-929-6862
    Address:

    10 Four Seasons Pl #510
    Toronto, ON M9B 6H7

    Burlington

    Phone
    1-866-929-6862
    Address:

    1940 Ironstone Dr. Unit #10
    Burlington, ON L7L 0E4

    Ontario

    Phone
    1-866-929-6862
    Address:

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