What is the law on mutual debts?

Manitoba, Canada


The following excerpt is from G.(J.D.) v. G.(S.L.), 2016 MBQB 83 (CanLII):

And finally, Mercier J. (as he then was) clearly stated in Perez v. Perez, 1992 CarswellMan 55: Generally speaking, mutual debts should be set off against each other. …

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