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RRSP’s and bankruptcy

If I file for bankruptcy what happens to RRSP’s? Will they be seized?

One Response to “RRSP’s and bankruptcy”

  1. Barton Goth, GCO, Bankruptcy Trustees says:

    In most cases, unless you have a RRSP which is written through an insurance company, or is locked in as a pension rollover, it would be turned over to the trustee in a bankruptcy. However, exemption rules are different in every province, so I recommend that you contact a licensed trustee to review the RRSP paperwork and to give you advice before you make the decisions.

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