How is the garage sale value of the furniture figured out? I mean, how is it decided what my couch and tv are worth? Do I just give an estimated figure or does someone come out to my apartment and take a look around at what I have?

2010-09-08

Author: Bradley Milne

The Trustee may attend the premises to determine a value, however, normally you would just itemize your household goods with the Trustee and an estimated value will be determined. In Manitoba there is a $4,500 exemption for household goods.

Bradley Milne

Bradley Milne

CIRP, LIT

Senior Vice President

Servicing: Brandon, Killarney, Portage la Prairie, Neepawa, Virden, Souris, Deloraine

Latest Blog Posts

2025-03-26

Retirement tips for every stage of life

Marianne Steele-MacSween

Planning for a comfortable retirement requires careful preparation and strategic financial decisions.

Read More

2025-03-10

Five great side hustles for making extra income

Tarah Fawdrey

Whether you’re looking to pay off debt or save for the future, these five side hustles may be the financial boost you’re looking for.

Read More

2025-03-05

Two in five Newfoundland and Labradorians fear they may never be debt-free, acknowledge needing help, but are too embarrassed to seek it out

Greg Gosse

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).

Read More

Consultation icon