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stocks

what if i have stocks do i have to give them up

Posted from: Ontario

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One Response to “stocks”

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

If you file for bankruptcy and have a stock portfolio that is held in a non-registered account, this would be a non-exempt asset. Meaning would be lost if bankruptcy was filed and your trustee would have to make sure you cash the stocks in and turn the proceeds over to be distributed among your creditors.