Power of Sale: Canada Debt .ca defines Power of Sale

Bankruptcy Term Power of Sale

<<< Back

Canada Debt has the definition to the bankruptcy and debt term Power of Sale. Finding answers to terms such as Power of Sale can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Power of Sale in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Power of Sale' is used as follows:

The right to sell land when a mortgage is in default.