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The answer is it depends. It depends on where you live, who is living in the home, in whose name it is and how much equity there is. In Alberta the first $40,000 of equity in your principal residence is exempt from seizure. If your home is jointly owned, your half of the home is yours and would not be taken in your husband's bankruptcy.
Bruce Alger
phone: (403) 296-2970
balger@alger.ca
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