August 2nd, 2010 by Questions
If both myself and my wife declare bankruptcy separately are we each entitled to the $4000 personal property and appliances exemption?
Posted from: Alberta
August 03, 2010 at 3:51 pm, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
In Alberta the Civil Enforcement Act reads that each debtor is entitled to a $4,000 household items and personal property exemption. So you would qualify for $4,000 each should you file for bankruptcy.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.