March 15th, 2007 by Questions
I recently quit my job after 7 years and moved to a different town. I am considering bankruptcy or a consumer proposal but today I received in the mail an option to either have my pension paid out or transferred to an RRSP. If I decide to cash it out BEFORE I file for bankruptcy or consumer proposal, can they come after me for the money? Also, if I decide to transfer it to an RRSP, can they take it as well? Not sure what to do, please help.