April 6th, 2009 by Questions
if you have rrsp what happen to them if you go bankruptcy
Posted from: Newfoundland and Labrador
April 07, 2009 at 5:52 am, 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.
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