7 mistakes when selling a debt (and how to avoid them)
Selling a debt is simple, but a few mistakes can delay the sale or sink the price. Here are the seven most common ones.
Sell the debt or wait for court: the real cost of time
A lawsuit can take years and does not guarantee payment. We compare that wait with selling the debt now.
Unpaid promissory notes and bills of exchange: turning them into cash
It is not only invoices that can be sold: unpaid promissory notes and bills of exchange are debts that investors find especially a…
Rent arrears in Canada: how to sell the debt owed by your tenant
For landlords, eviction is usually only half the battle: the debt remains. Selling a tenant's rent arrears recovers part of the mo…
Tax implications of selling debt in Canada: what you should know
Selling a debt below its face value has tax consequences worth knowing: the deductibility of the loss, GST/HST bad debt adjustment…
Limitation periods for debt in Canada: how each province affects the sale
A debt that is out of time is worth nothing. We explain the limitation periods across Canadian provinces and territories, how the …
Selling a debt portfolio in Canada: a guide for businesses with many unpaid accounts
Portfolio sales are how banks and telecoms clean up their balance sheets — and they are within reach of small businesses too. How …
Buying debt as an investment in Canada: returns, risks and how to start
Buying distressed receivables at deep discounts is a classic of alternative investing. We explain the debt buyer business model an…
How much is my debt worth in Canada? Setting the right sale price
What discount should I apply to sell my debt? These are the factors professional buyers use to value a receivable: debtor solvency…
Selling unpaid invoices in Canada: the alternative to debt collection
Late payment strangles the cash flow of small businesses. Selling unpaid invoices turns a stubborn problem into immediate liquidit…
Selling a debt with a small claims court judgment in Canada
You won in small claims court but the debtor still will not pay. Selling the judgment turns an unenforced order into cash. We expl…
Assignment of debt in Canada: the legal basis for selling debts
Behind every debt sale is a well-established legal concept: the assignment of debt. We look at how it works across provinces, the …
Selling debt in Canada: the complete step-by-step guide
Turning an unpaid invoice or loan into cash is faster than you think. We explain step by step how selling a debt works in Canada, …