Alberta Foreclosure Guide
Quick Facts
- • Primary Method: Judicial Foreclosure
- • Timeline: 4-8 months typical completion
- • Redemption Period: Usually 6 months
- • Deficiency Judgments: Restricted
Alberta Foreclosure Process
- 1. Statement of Claim
Lender files claim with Court of King's Bench
- 2. Mediation
Mandatory mediation through Alberta's FMCS program
- 3. Redemption Period
6-month period to resolve the default
- 4. Final Order
Court orders transfer of title or judicial sale
Alberta Resources
Legal Help
- • Legal Aid Alberta
- • Alberta Law Line
- • Pro Bono Law Alberta
Housing Support
- • Alberta Supports
- • Emergency Financial Assistance
- • Housing Mediation Service