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.

The Canada Demand for Satisfaction from Proceeds of Sale form is available as a downloadable MS Word document.