If a bank has foreclosed on a property located in Alberta,Saskatchewan,or British Columbia and has been left with a deficiency after its sale,the vendor cannot personally sue individual borrowers and can sue only corporations that have waived their statutory protection.

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In Alberta, Saskatchewan, and British Columbia, there are statutory protections that prevent lenders from suing individual borrowers for deficiencies after foreclosure, except in certain cases where the borrower is a corporation that has waived these protections.

If a Bank Has Foreclosed on a Property Located in Alberta,Saskatchewan,or