Protect my employment if I were to go bankrupt?
June 8th, 2015 by Questions
Are there laws in Ontario to protect my employment if I were to go bankrupt? I do not owe my employer anything (money) so I would not want to be penalized and lose my job because of a personal financial dilemma. Also, I have tried to withdraw from my locked in RRSP and because I am not past due on my rent and risk eviction, I can’t cash it to pay off my debts and be debt free!! Makes no sense! I pay my rent but the only way to get some of my rrsps is to default and risk eviction? Please help me make sense of this. It’s only a $17,000 RRSP, and it’s not going to make a hill of beans for me when I retire anyway. I need it now! Thank you.