RRSP`s

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I have RRSP`s through a group savings plan at my work. It is a plan where my employer matches the contribution that I make. I have had the RRSP`s for 2 years. If I were to declare bankruptcy, would the entire RRSP be taken?

Posted on Tuesday, January 27, 2009 | Filed under: Bankruptcy
 posted by Questions @ 9:34 pm 1 Comment
1 Expert Comment:

 At January 28, 2009 | 7:48 pm , Barton Goth, Trustee in Bankruptcy Said...

The only portion of RRSP’s that is lost if a bankruptcy is filed would be the contributions made in the last 12 months. If you have not made any contributions in the last month your RRSP’s would be considered exempt and not lost if you filed for a bankruptcy.

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