| Author: |
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Brian |
| Date: |
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December 19, 2001 |
| Question: |
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My wife is thinking of filing for personal bankruptcy. Our bills have
gotten a little out of hand but my credit is still good. Discharging the
debt on her credit cards would give us some much needed breathing space.
However I own about $3500 worth of computer equipment (all which is
registered in my name) and was wondering how I prove that this is my
personal property, and even then, is it still likely to be seized? I am
an independent consultant in the environmental field and I am planning
to finally complete my Ph.D. in organic chemistry. I would be lost
without a computer.
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From: |
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Ann Clarke, Collins Barrow Limited |
| Date: |
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December 19, 2001 |
| Answer: |
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If the computer equipment is registered in your name, or you can provide
invoices showing you bought and paid for the equipment, that would
usually be sufficient proof that it is yours. If that paperwork is not
available, you could also swear an affidavit for your wife's Trustee or
the Court, swearing that the equipment is yours and not hers.
Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca
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