With a bankruptcy you would loose the tax refund. But with the consumer proposals that refund is yours to keep, unless you have inserted a term into the proposal stipulating that the creditors will receive those funds. This would be an unusual term, but it is technically possible.
This is one of the differences between the filing of a consumer proposals vs. filing a bankruptcy.
With a bankruptcy you would loose the tax refund. But with the consumer proposals that refund is yours to keep, unless you have inserted a term into the proposal stipulating that the creditors will receive those funds. This would be an unusual term, but it is technically possible.