Keywords: personal; property; personal property security; chattel mortgage; conditional sale; debtor; creditor; consumer; debenture; interest; priority; floating charge; charge; pledge; consignment; Bank Act; credit; debt; book debt; assignment; lease; attachment; perfection; collateral; bill of sale; purchase-money; registration; consumer protection; security; proceeds
Frequently, a lender will require a borrower to grant the lender an interest in the borrower’s property as security for repayment of the loan or performance of allied obligations. At the time this project was carried out, performing such secured transactions required the parties to navigate a complicated and highly technical system that applies in varying ways to differing security devices. This project is concerned with reforms to make this system more simple, modern, and coherent.
Below you will find additional, relevant and specific documentation, backgrounders, research, resources, media releases and summaries that have been, or will be incorporated into our final publications and study papers.
If you have questions about these or other specific documents, please reach out to BCLI using our contact page or at the bottom of each page of our website.