Knowing the Alberta foreclosure process is necessary if you are involved with a mortgage in default. If you are a home owner, a Canadian real estate investor or even a bank, you should know the Alberta foreclosure process. Alberta foreclosure is the process the lender uses to get the money that you should have paid earlier back if your mortgage loan has been defaulted. If you are facing foreclosure in Alberta, please call 1-416-409-7300. Since 1981 we have served Canadians in need, and have helped hundreds of Canadians make their lives better. One of the main differences of the foreclosure process in Alberta, compared to other provinces, is that the Master in Chambers of the Court of Queen’s Bench of Alberta decides who the foreclosure property will be sold to, and for what price.