Thursday, May 27, 2010
Provincial regulations
Civil files for the recovery of funds proceed through the provincial court systems. Accordingly, each province has its own rules and requirements for the issuance of a claim and the enforcement of a judgment. Currently, in Ontario all outstanding or delinquent accounts with a principal outstanding balance of $25,000 or less should be pursued in the small claims court. This is beneficial for several reasons, two of which are cost and efficiency.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.