Bankruptcy Exemptions in the province of Manitoba | Canada


Exemptions in Bankruptcy - Province of Manitoba:

Items exempt in a Bankruptcy / Consumer Proposal filing in the province of Manitoba are as follows:

  • Ordinary and Necessary clothing required by the Debtor and their family
  • Food and fuel necessary for the family for a period of 6 months (or equivalent cash value)
  • Household Goods, personal effects and furniture up to a value of $4,500.00
  • In the event that the Debtor is a Farmer:
    • Animals necessary for farming operation for one year
    • All farm equipment, dairy utensils, and machinery required to maintain livestock and farming function for a 12 month period
    • For agricultural purposes, one motor vehicle may be exempted
    • Home quarter / homestead also exempted
    • Allowance for seed required for one season on all cultivated land
  • Tools of trade, professional books, and other necessaries not exceeding a total value of $7,500 provided they are used in occupation, profession, or practice of a trade
  • ONE motor vehicle, provided it is required for transportation to and from work with a value not exceeding $3,000
  • Furniture and other articles necessary for the performance of religious services
  • Any chattel property belonging to municipalities and schools
  • Health aids including: wheelchairs, scooters, eye glasses, air conditioner, prosthetic or orthopedic devices necessary to the Debtor or family unit
  • Actual residence of the bankrupt debtor, including equity of $1,500 each in the event of joint tenancy; or $2,500 each if not in joint tenancy.

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