RRSP – 23 Jul 2008 – what now?

Is my RRSP protected during bankruptcy? Was the law on this changed in Jul 2008?
If how has it changed?

Posted from: British Columbia

One Response to “RRSP – 23 Jul 2008 – what now?”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

For anyone who files a bankruptcy after July 7, 2008 any RRSP’s that someone has are considered exempt (i.e. protected from seizure and therefor not lost). The only exception to this is RRSP contributions that have been made in the 12 months prior to bankruptcy.