Question Asked...
Can I keep my land I purchased a few years ago and my savings bond if I decide to go bankrupt?
Posted from: Alberta
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Neither the land you own (assuming you are not living on it) nor your Canada Savings Bond are considered to be exemption assets. As a result, if you file for bankruptcy you will likely lose both of these items. If you are looking to find a way that will allow you to retain potentially the land and the savings bond you may want to consider the filing of a consumer proposal.