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Married Couple Declariing Bankruptcy at the same time

If both myself and my wife declare bankruptcy separately are we each entitled to the $4000 personal property and appliances exemption?

Posted from: Alberta

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One Response to “Married Couple Declariing Bankruptcy at the same time”

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.