Bankruptcy Exemptions Quebec
June 18th, 2014 by Questions
I have a cottage in Quebec and recently had an oil spill that affected my neighbors property. So far I have spent over $ 25000. which I borrowed on my wife’s line of credit on her house in Ottawa, Ontario. The job is not complete and will require another 30 to 40 M to complete which I don’t have. I am 73 and receive CPP and OAS as well as a small income from a RIF. The cottage is free and clear and in my name only as I owned it before I was married as did my wife the house we live in was her’s before our marriage and in her name only. What are the bankruptcy exemptions Quebec? What will I lose if I go bankrupt.
Posted from: Quebec
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