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Are resp total value taken into account when filing a consumer proposal

Are resp total value taken into account when filing a consumer proposal

Posted from: Ontario

One Response to “Are resp total value taken into account when filing a consumer proposal”

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

The total realizable value of the RESP’s are considered. This would be the net amount you would receive if liquidated. So the portion the government has contributed (20%) would be factored out of the equation.