Schmidtz, Re; Canada (Attorney General) v. Schmidtz and Schmidtz, (1983) 28 Sask.R. 205 (QB)
Judge | Maurice, J. |
Court | Court of Queen's Bench of Saskatchewan (Canada) |
Case Date | August 09, 1983 |
Jurisdiction | Saskatchewan |
Citations | (1983), 28 Sask.R. 205 (QB) |
Schmidtz, Re (1983), 28 Sask.R. 205 (QB)
MLB headnote and full text
Re Schmidtz; Attorney General of Canada v. Schmidtz and Schmidtz
(Q.B. Nos. 6909 and 6910)
Indexed As: Schmidtz, Re; Canada (Attorney General) v. Schmidtz and Schmidtz
Saskatchewan Court of Queen's Bench
Judicial Centre of Regina
Maurice, J.
August 9, 1983.
Summary:
The issue in this case concerned whether the proceeds of the sale of the bankrupts' jointly-owned home constituted property of the bankrupts.
The Saskatchewan Court of Queen's Bench held that the proceeds were exempt from distribution to the bankrupts' creditors under s. 47(b) of the Bankruptcy Act.
Bankruptcy - Topic 483
Property of bankrupt - Exemptions - Property exempt from seizure under provincial laws - Residence - Under s. 47(b) of the Bankruptcy Act, property exempt from execution under provincial laws where the bankrupt resides did not constitute property of the bankrupt - The Saskatchewan Exemptions Act exempted a debtor's residence from execution to the extent of $16,000.00 - The Saskatchewan Court of Queen's Bench held that a bankrupt couple's jointly-owned home was exempt under s. 47(b) and the proceeds from its sale were also exempt where the sale was a "forced" one - See paragraphs 4 to 9.
Bankruptcy - Topic 486
Property of bankrupt - Exemptions - Proceeds from sale of exempt property - The Saskatchewan Court of Queen's Bench held that the proceeds from the sale of exempt property under the Bankruptcy Act were also exempt, if the sale was a "forced" one - The court discussed what constituted a "forced" sale - See paragraphs 6 to 8.
Cases Noticed:
Higgins Co. Ltd., Trustee v. McNabb (1979), 2 Sask.R. 119, appld. [para. 6].
Statutes Noticed:
Bankruptcy Act, R.S.C. 1970, c. B-3, sect. 47(b) [para. 4].
Exemptions Act, R.S.S. 1978, c. E-14, sect. 2(1)(11) [para. 5].
Counsel:
M. Kindrachuk, for the applicant;
C. Werry, for the respondents.
This case was heard before Maurice, J., of the Saskatchewan Court of Queen's Bench, Judicial Centre of Regina. The decision of Maurice, J., was delivered at Regina, Saskatchewan, on August 9, 1983.
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Charles v Hernandez Becerra, 2016 SKCA 163
...voluntary?” (at para 55). [37] Other authorities may be mentioned: Schmidtz, Re; Attorney-General of Canada v Schmidtz and Schmidtz (1983), 28 Sask R 205 (QB); Munro (Bankrupt), Re (1986), 49 Sask R 152 (QB); and Patterson (Bankrupt), Re (1990), 84 Sask R 160 (QB) – all of the cases illustr......
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Royal Bk. v. Nguyen, 2004 BCSC 895
...[para. 39]. McNabb (Trustee) v. McNabb - see Higgins Co. v. McNabb. Schmidtz, Re; Canada (Attorney General) v. Schmidtz and Schmidtz (1983), 28 Sask.R. 205; 49 C.B.R.(N.S.) 155 (Q.B.), consd. [para. 39]. Balkwill (Bankrupt), Re (1999), 181 Sask.R. 48; 9 C.B.R.(4th) 204 (Q.B. Bktcy. Registra......
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Munro (Bankrupt), Re, (1986) 49 Sask.R. 152 (QB)
...[1980] 2 W.W.R. 385; 2 Sask.R. 119, consd. [para. 18]. Purdy v. Colton (1908), 1 S.L.R. 288, refd to. [para. 19]. Schmidtz, Re (1983), 28 Sask.R. 205, refd to. [para. Kirkpatrick, Re (1984), 35 Sask.R. 97, refd to. [para. 22]. Stacey and Stacey, Re (1984), 50 C.B.R. 189, refd to. [para. 32]......
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Spence (Bankrupt), Re, (1994) 119 Sask.R. 24 (QB)
...[1993] 2 W.W.R. 605; 106 Sask.R. 104 (Q.B.), refd to. [para. 28]. Schmidtz, Re; Canada (Attorney General) v. Schmidtz and Schmidtz (1983), 28 Sask.R. 205 (Q.B.), refd to. [para. International Harvester Credit Corp. of Canada v. Bell's Dairy Ltd. (Bankrupt), [1986] 6 W.W.R. 161; 50 Sask.R. 1......
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Charles v Hernandez Becerra, 2016 SKCA 163
...voluntary?” (at para 55). [37] Other authorities may be mentioned: Schmidtz, Re; Attorney-General of Canada v Schmidtz and Schmidtz (1983), 28 Sask R 205 (QB); Munro (Bankrupt), Re (1986), 49 Sask R 152 (QB); and Patterson (Bankrupt), Re (1990), 84 Sask R 160 (QB) – all of the cases illustr......
-
Royal Bk. v. Nguyen, 2004 BCSC 895
...[para. 39]. McNabb (Trustee) v. McNabb - see Higgins Co. v. McNabb. Schmidtz, Re; Canada (Attorney General) v. Schmidtz and Schmidtz (1983), 28 Sask.R. 205; 49 C.B.R.(N.S.) 155 (Q.B.), consd. [para. 39]. Balkwill (Bankrupt), Re (1999), 181 Sask.R. 48; 9 C.B.R.(4th) 204 (Q.B. Bktcy. Registra......
-
Munro (Bankrupt), Re, (1986) 49 Sask.R. 152 (QB)
...[1980] 2 W.W.R. 385; 2 Sask.R. 119, consd. [para. 18]. Purdy v. Colton (1908), 1 S.L.R. 288, refd to. [para. 19]. Schmidtz, Re (1983), 28 Sask.R. 205, refd to. [para. Kirkpatrick, Re (1984), 35 Sask.R. 97, refd to. [para. 22]. Stacey and Stacey, Re (1984), 50 C.B.R. 189, refd to. [para. 32]......
-
Spence (Bankrupt), Re, (1994) 119 Sask.R. 24 (QB)
...[1993] 2 W.W.R. 605; 106 Sask.R. 104 (Q.B.), refd to. [para. 28]. Schmidtz, Re; Canada (Attorney General) v. Schmidtz and Schmidtz (1983), 28 Sask.R. 205 (Q.B.), refd to. [para. International Harvester Credit Corp. of Canada v. Bell's Dairy Ltd. (Bankrupt), [1986] 6 W.W.R. 161; 50 Sask.R. 1......