Mortgage enforcement
Why choose The Top Law Firm?
The area of law encompassing mortgage enforcement causes a significant deal of stress in many peoples’ lives because of the complexity and often large amounts of money involved. Our Mortgage Enforcement practice group engineers successful mortgage enforcement solutions for our industry-leading clients that save them time and money.
Our group of lawyers develop a game plan to expedite the collection process that will assist the client in realizing their investment, without diminishing their asset. We have highly trained support staff capable of using advanced technologies which ensures the process is cost-effective, efficient and best able to meet the needs of our clients.
Whether you require mortgage enforcement services for a single property or a sizeable portfolio, the lawyers at The Top Law Firm will simplify the process and present solutions tailored to your needs.
Why choose The Top Law Firm
Mortgage enforcement is part of real estate law. When a borrower fails to meet the terms set out in the mortgage contract the law comes into play to protect the lender.
As a lender you have rights. If a borrower cannot meet the contractual obligations a real estate lawyer can help you take the steps you need to protect yourself and your investment.
Personalized service
The Top Law Firm provides a dedicated lawyer to support you through the entire process of private mortgage lending. We take the time to explain the process to you in a way that you easily understand.
We will provide you with all of your signed documents and explain each step. We file and organize all the documents you need in each step. Your dedicated lawyer will update you on every step of the process.
Protection
We protect your money by creating a mortgage against the property the borrower is purchasing. We check all the conditions required for your private lending. Then discuss each condition with you. We create custom mortgage documents for each private mortgage. These papers are important to protect your investment in case the borrower defaults.
Guarantee
We review your private mortgage in detail with you to make sure all of the mortgage commitments and terms are included. For every condition, we obtain evidence from the borrower to make sure they can meet all the requirements for their new mortgage.
We monitor the progress of the mortgage and raise any issues when we see them before you invest your money.
Secure
A secure system that keeps your information safe.
Convenient
Easy to access online video calls from the comfort of your own home.
Simple
Easy to sign documents that can be viewed on any device.
Why choose The Top Law Firm?
Whether you are a Mortgage Investment Corporation (“MIC”), a private lender with a substantial portfolio or a first-time lender facing the challenging process of enforcing their mortgage, the obligations of an enforcing lender are many. Our lawyers at The Top Law Firm take necessary steps to protect our client’s rights as lenders by looking at each situation on a case-by-case basis to find creative solutions that will satisfy their business goals and needs.
Our team of real estate lawyers expertly deliver streamlined mortgage enforcement solutions that help minimize turnaround time, and reduce costs and administrative burdens while navigating the complex mortgage enforcement laws and power of sale process.
Why you need a lawyer to enforce a mortgage
When a borrower defaults you have a right as a lender to enact the Ontario Mortgage Act. The act grants you the right to give the borrower a 35-day clear-out notice with the intention of selling the property. By selling the property you will recoup your investment in full.
The Top Law Firm provides simple, clear, and honest legal advice. We believe in taking the time to explain what you are signing and why. You get to speak to a dedicated lawyer and ask questions during the entire process.
What our customers are saying
Our experience with this Law firm has been informative and professional. Any issues or questions we had, they had the answers and answered our emails/voicemails right away. If you're looking for a law firm that deals with every aspect of the law, this is your team. The whole team is professional and responsive to your needs. From the office manager, Jessica right to the team of lawyers. No fuss no muss with this team. I will be going back for their help when other issues arise. Thanks, team!
Carolyn Gaw
What our customers are saying
Abraham and Jessica did an incredible job helping us with our real estate purchase. Jessica's quick responses and sharp eye for detail make the process incredibly smooth. I would strongly recommend the Top Law Firm team for all your real estate and legal needs.
David Zelsman
Mortgage enforcement FAQs
Why choose The Top Law Firm
We break down the legal jargon and make sure you understand the important details behind your home's mortgage or your lending investment. Our team is efficient, reliable, professional, and cares about you. Don’t take our word for it read some of our great Google reviews.
Daniel
- Abraham Top and Darya Chudzinava were exceptional in assisting me with my mortgage refinance. They were professional and responded to my phone calls and emails timely. My mortgage was being transferred from one lender to a new one, and the new lender - one of the big 5 banks - provided the mortgage refinance documents late, established new criteria for closing that were not originally in the commitment letter, and pushed back my closing deadline by a few days...
Young
- Mr. Abraham Top is truly phenomenal. I can vouch for his excellence in Criminal Law and his impeccable performance in & out of the courts. He is the type of lawyer that will make you feel properly assured throughout the entire trial process. I first met Mr. Top in the year 2009, and he has expanded his firm since. Despite the inevitable growth in his services, he still squeezes out time out of his day to answer my questions as needed. Constantly reliable and professional.
Isabell
- Abraham & Yelena helped me tremendously with an unconventional real-estate sale that my family had to deal with. Someone was always available to discuss any questions or concerns that came up during the sale. Compassion, a wealth of knowledge and great attention to detail was provided during our transaction. I wouldn't trust any other Firm the way I do Abraham and his team, they are absolutely wonderful. I couldn't recommend them more!
Sara
- Abraham Top dealt with my case professionally and diligently. He was thorough and explained each step of the process in detail. He listened to my concerns from start to finish with exceptional patience and ultimately got me what I wanted in the end. I am so grateful for Mr. Top and his staff. His assistant Jessica was always pleasant and very knowledgeable as well. I highly recommend their services.
