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Property Bankruptcy Exemptions in Manitoba

  • Furniture, household furnishings and appliances not exceeding total value of $4,500;
  • One motor vehicle, if necessary for work or transportation to and from work, not exceeding $3,000 in value;
  • Actual residence of the bankrupt, equity of $1,500 each if in joint tenancy, or $2,500 if not in joint tenancy;
  • Tools, implements, professional books and other necessaries not exceeding a total value of $7,500 used in practice of trade, occupation or profession;
  • Necessary and ordinary clothing of the debtor and family;
  • Health aids, including wheelchair, air conditioner, elevator, hearing aid, eye glasses, prosthetic or orthopaedic equipment, necessary to debtor or family;
  • RRSPs, Registered Retirement Income Funds (RRIFs) and Deferred Profit Sharing Plans (DPSPs).
  • Certain life insurance policies;
  • Food and fuel necessary to family for period of six months or cash equivalent.

Farmers (primary income from farming) also get:
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  • Animals necessary for farming operation for 12 months;
  • Farm machinery, dairy utensils and farm  equipment necessary for ensuing 12 months;
  • One motor vehicle if required for purposes of agricultural operations.
  • Any 160 acres of farm land upon which the debtor or his family resides, or which he cultivates or uses for grazing or other purposes, as well as all the buildings thereon;
  • Seed sufficient to seed all land of debtor under cultivation;


If you have property subject to seizure talk to the trustee about buying the asset back from the estate.
Rather than have the trustee seize and sell the asset, make an offer to pay for the item instead of losing it. Often a payment plan can be set such that you get to keep your property and the creditors get a fair amount in return.