This paper acts a point-form checklist for lawyers representing a creditor of an insolvent debtor. The checklist outlines important considerations and steps to protect a creditor’s interest in insolvency. It includes tips relating to security review, formal demand for payment, forbearance agreements, seizure and sale of property, super priorities, and more.

This paper is part of a collection presented at LESA’s Bankruptcy and Insolvency Fundamentals program in Calgary on October 17, 2017 and in Edmonton on October 24, 2017.