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Do I lose my RRSP if I go bankrupt?

Do I lose all my RRSP’s if I go personally bankrupt?

One Response to “Do I lose my RRSP if I go bankrupt?”

Barton Goth, GCO Inc. Bankruptcy Trustees said...

In most cases, unless you have a RRSP which is written through an insurance company, or is locked in as a pension rollover, it would be turned over to the trustee in a bankruptcy. However, exemption rules are different in every province, so I recommend that you contact a licensed trustee to review the RRSP paperwork and to give you advice before you make the decisions.