CALGARY — As Alberta's oilpatch slows down, John Shortridge is bracing for an onslaught of work.
Shortridge runs a civil enforcement agency, which works with bailiffs to carry out court orders and seize property, among other things.
He says economic downturns are always the busiest times in his line of work as borrowers find it increasingly difficult to meet their debt obligations.
Dave McLachlan, CEO of Kastner Auctions in Edmonton, says a lot more recreational vehicles and RVs are coming through his doors these days.
Kastner Auctions works with bankruptcy trustees and bailiffs to sell property, with much of it coming from retail outlets that have fallen on hard times.
McLachlan is expecting his inventory to "explode" over the next few months, but says sale prices will likely drop at the same time.
