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Alger Bankruptcy Services


Same team, new name

Alger & Associates personal bankruptcy services are
now provided by
Grant Thornton Alger Inc.

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Edmonton, Calgary bankruptcy Q&A forum

Author:

 

Question:

 

Hi Waht assests are you allowed to have when you declare bankruptcy?



From:

 

Alger & Associates Inc.

Date:

 

Apr 12, 2013

Answer:

 

In Alberta, assets which you are allowed to keep are referred to as "exempt" assets and include the follwing: Equity in your residence of up to $40,000 A motor vehicle valued up to $5000 or equity in a vehicle of $5,000 Clothing up to $4,000 Furniture up to $4,000 Personal property used to earn income up to $10,000 RRSP's and Pension funds are also fully exempt. For a complete list please go to our website at www.alger.ca, select Bankruptcy facts, select Assets you can keep and then select Alberta Thanks for the question Marie

Marie Kozlowski
T 403-296-3082
Marie.Kozlowski@ca.gt.com

 

For Alberta Bankruptcy help, call TOLL FREE from anywhere in Alberta: 310-8888
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