Can I Lose My RRSP for filing Bankruptcy?


Under the Bankruptcy & Insolvency Act, when you declare personal bankruptcy a Licensed Insolvency Trustee is appointed.  RRSP’s as a general rule are not lost in a Bankruptcy, except for any contributions made to the RRSP in the 12 months PRIOR to filing for Bankruptcy. We highly recommend that you should contact a Licensed Insolvency Trustee for a free consultation.  Make sure that you bring all your RRSP paperwork and they will go through all the documentation to see if the RRSP is exempt.



If you are overwhelmed with a financial crisis, J.P. Graci & Associates Ltd can help! Call us now at 519-753-7361.



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