Lender & Creditor Services
Court-Ready Recovery and Reporting for Lenders and Secured Creditors
When a borrower defaults or a file requires independent oversight, lenders need a partner who can act quickly, protect collateral value, and provide clear, reliable reporting. Albert Gelman Inc. assists banks, credit unions, private lenders, asset-based lenders, and other secured creditors across Ontario, Alberta, and British Columbia.
Our team is trusted on matters where timely execution, stakeholder coordination, and precise, court-ready reporting are essential.
When Lenders Engage Us
We assist at critical moments, including borrower defaults, expiring forbearance periods, financial distress, collateral concerns, independent business reviews, and enforcement of security.
How We Help
- Independent Reviews: Assessing the borrower’s business, financial position, collateral, and available recovery options.
- Advisory and Monitoring Services: Supporting lenders before enforcement where options remain available and value can be preserved.
- Receiverships: Acting in court-appointed, privately appointed, and interim receivership mandates where appropriate.
- Asset Realization: Managing orderly sale and realization processes designed to preserve value and maximize recovery.
- Enforcement Process Support: Supporting enforcement under applicable legislation, including the Bankruptcy and Insolvency Act and the Courts of Justice Act.
- Reporting and Distribution: Providing clear, thorough reporting from appointment through realization and final distribution.
Right-Sized to the Mandate
Our approach is proportionate to the mandate. Lenders receive senior-level attention, disciplined documentation, and reporting suitable for court where required, with a cost structure aligned to the size and complexity of the file. Where restructuring may produce a better recovery than liquidation, we help assess that path objectively.
We are particularly well-equipped to manage owner-operated businesses, where personal guarantees and director liabilities often intersect with corporate debt. Our experience also includes real estate and construction-related receiverships, where timing, reporting, stakeholder management, and practical execution are critical.
Need an independent receiver or a dependable recovery partner? Contact us to discuss your file.