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
What is a Consumer Proposal?
Derek Cramm-11707; Derek Cramm 11707
2016-12-20T15:00:00Z 12/20/2016 3:00:00 PM

A Consumer Proposal is a legal arrangement between you and your creditors, which is a great way to settle your debts when you are unable to repay them on your own.


Categories: Consumer Proposal;Alternatives to Bankruptcy;Debt Help

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