Brampton Foreclosures & Power of Sales Stopped

Brampton Ontario lenders have a choice between using a “power of sale” or “foreclosure” for property owners that are in default of the mortgage. Most lenders in Ontario will use the power of sale because it is faster and cheaper, as the home owner you should read any documents sent to you to determine which situation you are facing.

A Brampton foreclosure can take up to two years to complete and be very expensive, it will involve a number of lawyers and you will be required to attend court proceedings to present your side of the case. The fastest way to stop a Brampton foreclosure is to pay off the lenders in full.

Our home page has answers to the most common questions regarding Brampton foreclosures and Mississauga foreclosures. If you require urgent assistance please feel free to call us right away.