Monthly Archives: January 2011

The Executions Act and The Judgments Act Statute: Click here to read the Executions Act Statute: Click here to read the Judgments Act Exempt Property the furniture and household furnishings and appliances of the judgment debtor reasonably necessary for one household but not exceeding in value the aggregate sum of… Read more

The concept behind personal bankruptcy in Canada is relatively simple: most of your debts are eliminated, but in return you lose the things you own that are not exempt. What assets you get to keep in bankruptcy is governed by provincial legislation and, therefore, the rules regulating bankruptcy exemptions are… Read more

Court Order Enforcement Act Statute: Click here to read the Statute Regulation: Click here to read the Regulations Exempt Property necessary clothing of the debtor and the debtor’s dependants; household furnishings and appliances that are of a value not exceeding $4,000; one motor vehicle that is of a value not… Read more

Civil Enforcement Act Statute: Click here to read the Statute Exempt Property the food required by the debtorand the enforcement debtor’s dependants during the next 12 months; the necessary clothing ofthe debtor and his/her dependants up to $4,000; household furnishings andappliances up to $4,000; one motor vehicle up to $5,000;… Read more