RRSP

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Mimi

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RRSP
« on: March 11, 2014, 09:41:42 AM »
I had contributed to RRSP for years now through the bank. I owe money as well to the same bank. What happens to my old RRSP when I file for bankcruptcy?  Will the bank withdraw my RRSPs to cover/my debt ?

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Nevergiveup

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Re: RRSP
« Reply #1 on: April 05, 2014, 07:44:49 PM »
Hello Mimi,

I went trough the same thing when i filed for bankruptcy, the bank took  all my RRSP contributions  to  cover  my debts  right away, my trustee told me to open an account with a  different   bank  because they could garnish my wages as well. 

 

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