Are Tax Free Savings Accounts exempt from seizure?

Posted on Monday, November 23, 2009 | Filed under: Bankruptcy
 posted by Questions @ 1:48 pm 1 Comment
1 Expert Comment:

 At November 24, 2009 | 7:04 am , Bart Goth, Trustee in Bankruptcy Said...

No, tax free savings accounts are not-exempt assets. Meaning that any money in these accounts are lost as a result of a bankruptcy and will ultimately be distributed among creditors.

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