Transfer at Undervalue
May 28th, 2014 by Questions
Transfer at undervalue: If I move my contribution from an RESP to my sons bank account and he uses it to pay for university then I file for bankruptcy within the year can my child be forced out of school? Can the university be asked to return the money he paid over in a bankruptcy because it is not an exempt asset and was moved within a year of filing for bankruptcy?
thank you<br /><br />Posted from: Ontario
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