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if you have rrsp what happen to them if you go bankruptcy

Posted from: Newfoundland and Labrador

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One Response to “if you have rrsp what happen to them if you go bankruptcy”

A licensed trustee said...

As of July 7, 2008, the only RRSPs that can be seized when you file for bankruptcy are amounts deposited in the 12 months immediately prior to filing (for bankrutpcy). If your RRSPs have been on deposit for longer than that then they are exempt (safe) from seizure.