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Document Id : 567
File Type : Microsoft Word
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Canada Demand for Satisfaction from Proceeds of Sale
Recoup money owed to you by a debtor from a sale of assets by serving this Canada Demand for Satisfaction from Proceeds of Sale on the party selling the collateral.
- The demand is given by a secured party to another secured party who is undertaking a sale of a debtor's assets.
- The party making the demand has no security interest in the items being sold, but is owed money under a loan agreement, mortgage, etc. by the debtor whose assets are being sold.
- This legal form can be used in any Canadian province or territory.
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