Mortgage enforcement statute barred after 2 years from the day of first default

2020-12-17T19:01:54+00:00

Lenders should be take note that under the new BC Limitation Act the clock for the 2 year limitation period for security enforcement may start to run from the date of the first default.  As a result of the 2018 decision of the Court of Appeal for BC in the foreclosure case of Leatherman [...]