Book a Consultation

Case Study · Debt Recovery

Pursuing a Commercial Debt Claim Against a Corporate Debtor and an Estate

A commercial lender’s claim continued against a corporate borrower and an estate after the individual associated with the debt passed away.

Commercial LendingCorporate CollectionsEstates

The situation

A commercial lender asked Precision Paralegal Services to recover a claim in the $40,000 to $50,000 range from a corporate borrower. The individual associated with the debt passed away during the life of the file.

Our approach

We named both the corporate debtor and the deceased individual’s estate as defendants.

The claim continued against both defendants despite the change in circumstances.

The outcome

The claim proceeded against both the corporate debtor and the estate.

What this case illustrates

A change in a debtor’s circumstances calls for a review of the parties and the next procedural steps. In this matter, the claim continued against the corporate borrower and the estate. Identifying the appropriate estate representative is an important part of assessing how such a claim can proceed.

This anonymized summary omits identifying details to protect confidentiality. It describes one matter, not a guarantee of a similar outcome. Every matter depends on its facts and applicable law. This is general information, not legal advice.

Facing a similar situation?

Talk to our team about the facts, practical options and next steps for your matter.

Discuss your matter

Legal Disclaimer

Copyright © 2026 Precision Paralegal Services Professional Corporation (ON) & Precision Paralegal Services Inc. (AB & BC). All rights reserved.

The information on this site is not legal advice, and you should not rely upon it as such. If you have a legal question, you should always consult with a paralegal or lawyer. Even if you use this site or consult with us, remember that we are not retained to represent you and no paralegal-agent-client relationship exists unless and until you receive written confirmation from us.

Please note that the items discussed during a consultation will remain confidential and will not be discussed with unauthorized persons, unless required by the Law Society of Ontario or other governing body. A consultation, either in person or by telephone, does not create a paralegal-agent-client relationship with the Paralegal or Precision Paralegal Services. Precision Paralegal Services does not make any obligation to handle the matter until such time that a written agreement is duly signed by both the Paralegal and the Client.

You should note that the security of e-mail is uncertain. By sending confidential e-mail messages or by using our online contact forms (which are not encrypted) you accept the risks of such uncertainty and possible lack of confidentiality over the Internet.

BC Innovation Sandbox

Precision Paralegal Services team member Michelle Haigh has been accepted into the Law Society of British Columbia Innovation Sandbox. Our services to you are not provided by a lawyer regulated by the Law Society of British Columbia and as a result:

  • (a) We could be required to disclose to third parties your communication with us and any documents you provide in relation to our advice and assistance, as such communications will not be subject to solicitor-client privilege.
  • (b) We carry professional liability insurance but are not required to do so.
  • (c) There is no statutory complaint process in relation to the services that we provide, but we have an internal complaint process.
  • (d) The Law Society of British Columbia has not evaluated or verified our competence, character, and/or fitness to provide the services.

For more information about the Law Society's innovation sandbox visit lawsociety.bc.ca.

To view our Privacy Policy please click here.