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LIRA in a bankruptcy

is a LIRA lost if one goes bankrupt

Posted from: Ontario

One Response to “LIRA in a bankruptcy”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

In most provinces if you file for bankruptcy a LIRA is considered to be an exempt asset and is something you don’t loose. But I would recommend you contact a local trustee to verify that is the case in your province.