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

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