Is the money in rrsp account protected?
October 15th, 2008 by Questions
I am in deep trouble and I hope you can give me some professional opinion.
I am going to walk away from my debts because I have very little income and have no assest. I still have $9000 in my rrsp account in the same bank I owe money. Is the money in rrsp account protected ? Is it legal if I take the money out from this account? I hope I can keep the money in the rrsp acount as I am reitring soon.
I still have a car about $1500.- Can the creditor take my car or is the car protected or exempted from seizure.
Thanks for you help.
a B.C. resident
Posted from: British Columbia