Does repayment of debt from proceeds of exempt property create non-exempt equity?

Alberta, Canada


The following excerpt is from Felker v. Felker, 2005 ABQB 365 (CanLII):

The Defendant asserts that repayment of debt from proceeds of exempt property does not create non-exempt equity: Rosin v. Rosin (supra) DISCUSSION Exemptions and tracing

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