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If you declare Bankruptcy in Manitoba, you can keep: One motor vehicle, if necessary for work or transportation to and from work, not exceeding $3,000 in value; Furniture, household furnishings, and appliances not exceeding a total value of $4,500; Food and fuel necessary to family for a period of six months, or cash equivalent; Tools, implements, professional books, and other necessaries not exceeding a total value of $7,500...
If you declare Bankruptcy in Ontario, you can keep: Household furnishings and appliances not exceeding a total value of $14,180 For debtors engaged solely in the tillage of the soil or farming (i.e. farmers): not exceeding $31,379 for livestock, fowl, bees, books, tools and implements, and other chattels ordinarily used by the debtor in the debtor’s occupation For self-employed debtors: Tools of trade not exceeding $14,405...
If you declare Bankruptcy in Quebec, you can keep: Household possessions (such as household furnishings to the extent of $7,000 in Quebec, medical aids, personal items and tools or equipment required for the purpose of earning a living); RRSPs with the exception of any contributions made by the debtor within the (12) month period preceding the Bankruptcy; Cash surrender value of a life insurance policy provided the beneficiary...
If you declare Bankruptcy in Nova Scotia, you can keep: One motor vehicle up to a value of $6,500 or an amount of $6,500 if required for your employment and where there is not a loan outstanding specifically for the purchase of the vehicle ; Furniture, household furnishings and appliances used by a debtor or a dependent up to a value of $5,000 and where there is a not a loan outstanding specifically for their purchase; Tools...
If you declare Bankruptcy in Newfoundland and Labrador, you can keep: Motor vehicle of the debtor up to a value of $2,000; Appliances and household furnishings up to a value of $4,000; Clothing up to a value of $4,000; Sentimental items up to a value of $500; Debtor’s equity in principal residence as defined up to $10,000; Specified personal property used for earning income up to a value of $10,000; All...
If you declare Bankruptcy in New Brunswick, you can keep: One motor vehicle having a realizable value of not more than $6,500 at the time the claim for exemption is made, or not more than any greater amount that may be prescribed, if the motor vehicle is required by the debtor in the course of or to retain employment or in the course of and necessary to the debtor’s trade, profession or occupation; Furniture, household furnishings and...
If you declare Bankruptcy in Prince Edward Island, you can keep: Motor vehicles of the debtor up to a value of $3,000 or $6,500 if required for work; Appliances and household furnishings up to a value of $5,000; All necessary and ordinary clothing of the debtor and his family; In the case of a debtor other than a farmer, tools, instruments and other chattel ordinarily used by the debtor in his business, trade or calling,...
If you declare Bankruptcy in the Yukon, you can keep: Household furniture, utensils, and equipment that are contained in and form part of the permanent home of a debtor not exceeding in value of $200; The necessary and ordinary wearing apparel of the debtor and the debtor’s family; The food, fuel an other necessaries of life required by the debtor and the debtor’s family for the next ensuing 12 months; Live-stock, fowl,...
If you declare Bankruptcy in Nunavut, you can keep: Household Goods – unlimited Clothing – unlimited Food – for the next ensuing 12 months Tools of Trade – unlimited Hunting Tools (including vehicles and ATVs) – unlimited Residence – up to $35,000 Vehicle – unlimited Medical Aids – unlimited
If you declare Bankruptcy in the Northwest Territories, you can keep: Household Goods – $5,000 Clothing – unlimited Food – for the next ensuing 12 months Tools of Trade (other than motor vehicles) – $12,000 Hunting Tools (including ATVs, but excluding other vehicles) – $15,000 Residence – up to $50,000 Vehicle – up to $6,000 Medical Aids – unlimited
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