Unemployed in Quebec
June 4th, 2014 by Questions
I am 64 years old and unemployed in Quebec, I have a pension of $460.00 and E.I benefits of $1,400 a month. In August my E.I will end and I cannot find work. I am managing my credit card payments at the moment as I have a flat-mate that pays half the rent, but when my EI runs out I will have an income of only my Quebec Pension. I have to repay $7,000.00. I have $20,000 in RRSP;s that cannot be touched for another 2 years. Can you help me?
Posted from: Quebec
One Response to “Unemployed in Quebec”
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.
June 04, 2014 at 6:38 am, Jillian Taylor-Mancusi, Trustee | B.A. | C.I.R.P said:
Bankruptcy will not help your cash flow. However, bankruptcy may take care of the credit card bills and other debts you may have. Your RRSP would be exempt in a bankruptcy in any event. You may wish to talk to your local social services institution to help you make ends meet on your limited income.