As noted yesterday, Jessica Jonathan Yaniv Simpson gets until January 2026 to pay the mortgage debt – using the standard Foreclosure rules of British Columbia Canada. All money amounts noted are in Canadian Dollars.
So after the circus left the Vancouver Court House, and you can read about that here.
Owen Bird the legal firm for Alta West have submitted the important Order Nisi of Foreclosure legal documents to the CSO.
$340,603.36 + Daily Interest
Let’s do a wee bit of math here.
July 24, 2025 Amount Due $340,603.36
Every Day starting July 25th + $109.79
*subject to increase based on monthly compounding
Interest Rate 13.99% per annum, calculated and compounded monthly
Jess-Jon has until January 24, 2026 to pay out the loan.
183 Days x $109.79 = $20,091.57
$20,091.57 + $340,603.36 = $360,694.93 Due January 24, 2026 (or higher*)
+ Scale A Costs
Jon has NOT contested the foreclosure. As such the court has agreed to use Tariff Scale A for costs in the unopposed foreclosure.
- The petitioner is granted judgment against the respondent, Jessica Serenity Simpson, in the sum of $340,603.36 as of July 24, 2025 together with the petitioner’s costs of this proceeding.
- The petitioner is entitled to its costs of the proceeding to date at Scale A and the basis or scale of any further costs shall be determined by the Court, and the costs of the proceeding to date and any further costs so ordered shall be added to the amount required to redeem the Lands.
What does Tariff Scale A for costs mean? In BC Supreme Civil Court there is a Scale System for Costs set by the courts. “Costs are usually awarded to the party who is successful at a hearing. They cover out-of-pocket expenses and provide some compensation for the time and expense of going to Court. However, they rarely cover the full actual expense of the hearing.” Alta West has been “granted judgement against” Jon “with costs of this proceeding.” Alta West can add on any further costs up until the loan is satisfied. This sum is currently unknown. However, the SCALE system of the courts can give a little hint.
Scale A is for matters of little or less than ordinary difficulty. All costs are assessed at the end of the case. Ergo, Jon won’t know exactly the amount he has to pony up for Costs until he pays out the loan. Alta West will prepare a Form 62 (Tariff Statement) at the end of the case.
Scale A is a set rate of $60 per unit. Costs is based on “units” set out by the court. The Tariff Table assigns different steps in litigation to different numbers of units that might be claimed.
# of Units x Unit Value = COSTS
The units reflect a full day’s work. If the activity took a half day or less, the units should be divided in half. If the activity took more than a day, the units should be multiplied by the number of days it took to complete the activity. Alta West has hired Owen Bird Law Firm, and would have many hours to claim – like for instance the court appearance yesterday. Alta West / Owen Bird have also hired service works to serve legal papers. In the end, the number of UNITS that have been worked by the Legal Team hired by Alta West will be multiplied by $60 / unit. Alta West can add tax to the tariff costs because they retained a lawyer during the action and had to pay tax on the lawyer’s legal fees. Furthermore, Alta West can claim for disbursements (out-of-pocket expenses). Generally, this includes things like court filing fees, photocopying, faxes, long-distance telephone calls, amounts paid to experts for expert reports or testimony in court, witness fees, and postage.
In the end, Jon could dispute these costs and require Alta West to go to a hearing and go through the bill of costs with the Registrar. Ultimately, he would still end up paying, even if he bitched about a receipt or number of units claimed. Costs in the foreclosure are therefore unknown at the moment, but $60 per unit is the rate Alta West can claim + taxes + disbursements. From news articles in the BC area, it notes that average Foreclosure Costs are about $12,000 – $15,000.00
Certificate of Pending Litigation
For our research there should also be a new item filed on the Condo Apartment Ownership Title. Once the Order Nisi has been granted, a Certificate of Pending Litigation is filed in the Land Title’s Office. The purpose of this is to prevent the current owner from selling the property before the foreclosure action has been concluded.
What’s Next?
Jon-Jess did claim to have a ‘new mortgage broker’ as overheard at court. MM are all to well aware that Jon lies, however let’s run down the options of what is next.
Scenario 1: Jon does find someone willing to enter into a loan with him. Given his shit credit rating, and that Alta West was all ready a second chance type of loan, the interest on such a loan would be the 10%-14% range he currently claimed he couldn’t afford. What income does Jon have? A disability payment from the government? Jon claims he is finished University and as such there are no more Student Loans to live off of. Furthermore, those student loans will become due and payable in 6 months of graduation. So what is his debt load? A lease for the UBC LAW mobile with the shot suspension. He isn’t paying strata fees, he isn’t paying taxes (all previously noted in the Foreclosure) so really what money does he propose to use to pay another large monthly mortgage payment with? Who is would loan Joan $400,000.00 on a condo only worth about $420,000.00 in the current buyers market.
Scenario 2: Jon agrees to sell the condo apartment, which requires permission by Alta West. This would require the court input as well, and the court would set the sale terms and price. All debts tied to the TITLE of the apartment would also be needed to be settled and paid out of the sale. After Alta West is paid + Costs + Realtor Fees + Legal Realtor Fees + any all taxes and strata debts paid out… Maybe Jon could walk away with a couple of bucks? Again, there really isn’t a lot of equity left over.
Scenario 3: Jon runs out the clock, to January 2026. He did ask for 9 months on July 24, and was denied and given the standard 6 months by the judge. If Jon runs out the clock and doesn’t cough up the $360,694.93 (or higher*) Due January 24, 2026 + the unknown Costs (could be $15,000) – Alta West could ask for Order Absolute where the lender actually takes ownership of the property and the sale can proceed as any other sale.
Scenario 4: Jon could ask for an extension of the January 2026 date. However, this seems unlikely to be approved. If he can’t drum up a loan after another 6 months (he has had 6 months all ready) odds are no one is willing to lend him funds.
Scenario 5: Miriam and Ilana Yaniv put their senior apartment condo up for sale, and Jon convinces them to move into a new place all together. This could be used as an excuse to delay the sale of his condo. After all, Jon has been playing the “mom needs me” victim card hard the last while. If you recall at the September 10, 2024 court session where he was applying to reduce/alter his PROBATION terms, he had his mother in a walker and made her claim that she needed his help. (The infamous N-Word video!) This time, July 24, 2025 it was the auntie in a wheelchair looking frail and in need of care. Jon can not relocate into the senior building which is 55+ but he could try to force his way in, giving the “caregiver” con that he seems to be setting up. Rexy the Non-Service Dog would not be allowed due to the rules on pets. Miriam and her deaf sister live in a 590 square foot apartment with one bedroom. Not really sure how Jon would cram in there. The sisters selling their condo and moving in with Jon seems a likely bet.
What do you think will happen? Leave your comments X.
