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Document Id : 530
File Type : Microsoft Word
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Canada Notice to Account Debtor of Default by Principal Debtor
Prepare a Notice to Account Debtor of Default of Principal Debtor with this template form for Canadian lenders.
- The notice is given by a lender to an account debtor (a party who owes money to a borrower) that the borrower has defaulted in paying its indebtedness to the lender.
- The notice instructs the account debtor to repay the money it owes the borrower to the lender instead.
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