October 5th, 2009 by Questions
What if the primary subscriber is the one going bankrupt and the joint subscriber is not. Is the RESP safe from creditors them?
Posted from: Ontario
October 06, 2009 at 1:46 pm, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
Unfortunately the RESP is not necessarily safe from the creditors, you have a 50% share in the RESP and it legally must be realized by trustee on behalf of the unsecured creditors.
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