British Columbia Foreclosure Guide
Quick Facts
- • Primary Method: Judicial Foreclosure
- • Timeline: 6-8 months typical completion
- • Redemption Period: Usually 6 months
- • Court Oversight: Required throughout process
Foreclosure Process in BC
- 1. Petition of Foreclosure
Lender files a petition in the Supreme Court of British Columbia
- 2. Order Nisi
Court grants initial foreclosure order with redemption period
- 3. Redemption Period
6-month period to pay the mortgage in full
- 4. Final Order
If not redeemed, court grants final order of foreclosure
BC-Specific Resources
Legal Assistance
- • Access Pro Bono BC
- • Legal Aid BC
- • Law Foundation of BC
Housing Support
- • BC Housing
- • Rental Assistance Program
- • Emergency Housing Resources