How to file a repair lien irrevocable letter of credit — and autofill 002-5234 with my-id.ca
Post section 24 security without retyping party details
Repairers, storers, and financial institutions posting security under the Repair and Storage Liens Act repeat principal name, business address, debtor details, and bank contact information on every Irrevocable Letter of Credit. This guide is an example of storing them once in my-id.ca.
Official form and source
Start from the official source and always use the current version — form numbers and links can change:
- Service page: Suing someone in Small Claims Court — ontario.ca
- Form (Central Forms Repository): Irrevocable Letter of Credit — 002-5234
What this form is about
Form 002-5234 is an Irrevocable Letter of Credit under section 24 of the Repair and Storage Liens Act — confirm credit requirements on ontario.ca.
Before you start: what to gather
- Principal name and address (repairer or storer).
- Debtor name and address and lien amount.
- Issuing bank or financial institution and credit terms.
- Supporting initial certificate filings — confirm on ontario.ca.
Confirm the current process on ontario.ca.
How my-id.ca makes it faster
- Save it once. Store your principal, debtor, and bank names and addresses in your my-id.ca profile.
- Keep documents ready. Upload supporting documents to my-id.ca Files so you are not searching at form time.
- Autofill the form. Use the my-id.ca Chrome extension on a web form, or fill a PDF from your saved profile inside my-id.ca.
- Review and submit yourself through the official channel.
Why do it in my-id.ca
Related Ontario forms repeat the same personal details. Captured once in my-id.ca — stored in Canada, with AI on its own servers — every form starts mostly complete.
Frequently asked questions
- How does 002-5234 relate to form 002-5235?
- Form 002-5234 is a letter of credit; 002-5235 is a financial guarantee bond.
- How does my-id.ca help?
- It autofills principal, debtor, and bank names and addresses.
- Who must provide the letter of credit?
- Parties required to secure a section 24 enforcement — confirm on ontario.ca.
Fill it once. Reuse it everywhere.
Save your information in my-id.ca once, then autofill this form and the next one — web forms with the Chrome extension, PDFs right in the app. Your data is stored in Canada and AI runs on my-id.ca's own servers, never sent to third-party AI providers.