Vehicles in proposal or bankruptcy
April 2nd, 2007 by Questions
My husband and I are separated – do we both get to keep a vehicle valued at $5650 if living in Ontario??
My vehicle\’s value is under $5000 – so I don\’t have to worry – but my husbands is approx $15,000.00 if he chooses to keep the vehicle – will he have to buy back the whole amount – or will he buy back $15,000. less his exemption of $5650. for a total of $9350.00??
Before we proceed – is there somewhere that we can find values for vehicles so that we are a little more prepared going into a proposal??