Form 86—Notice of Intention to Enforce a Security
To: , an insolvent person
Take notice that:
- , a secured creditor, intends to enforce its security on the insolvent person's property described below:
(Describe the property to which the security relates.)
- The security that is to be enforced is the following:
(Provide particulars of the security.)
- The total amount of indebtedness secured by the security is $.
- The secured creditor will not have the right to enforce the security until after the expiry of the 10-day period after this notice is sent unless the insolvent person consents to an earlier enforcement.
Dated at , this day of .
Name of Secured Creditor
Name and Title of Signing Officer
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