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Are RRSPs Affected by Bankruptcy?
Susan Reidpath-11683; Susan Reidpath 11683
2017-02-23T17:00:00Z 2/23/2017 5:00:00 PM

An RRSP is an asset of a bankruptcy estate, however subject to exemptions provided by both provincial and federal legislation. It is the exemptions afforded a bankrupt that permits an individual to retain certain assets, while permitting them to access bankruptcy proceedings and obtain relief from their burdening debt.


Categories: Bankruptcy

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