RSP and Bankruptcy in Montreal
Question: Will going bankrupt in Montreal affect my Retirement savings, which is under 1,000$?Answer: It depends. If your RRSP is locked in as a result of your previous employment, than it is exempt from seizure in a bankruptcy. In most other cases you will lose your RRSP if you go bankrupt.
The specifc answer in your situation will depend on various factors, so we suggest you consult a Montreal bankruptcy trustee to arrange for a free initial consultation to review your situation in more detail.
Labels: bankruptcy Montreal, bankruptcy trustee
posted by Questions @ 3:49 PM
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