How much money can I keep in my bank account?

September 8th, 2014 by Questions

In a bankrupt how much money can I keep in my bank account without it being seized? I’m talking about a secondary bank where I have no debts.

Posted from: Alberta


One Response to “How much money can I keep in my bank account?”

, Desmond West-Chow, CIRP said:

This question ultimately comes down to the discretion of the trustee, but typically you are would be allowed to keep enough to make ongoing payments for your everyday expenses. For this question, speaking with a trustee would be the best way to determine an amount, as it will really be based off of each person’s personal financial situation.

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