Personal Bankruptcy Forum


Author:   W. Edwards
Date:   December 3, 1998
Question:   I took a company package in 97 and my pension plan was transferred into a LIF mutual fund. Is this money creditor proof?
 


From:
 

Val Norrish, Trustee - Collins Barrow Limited
Date:   December 8, 1998
Answer:   It appears the RRSP would be exempt because it originated from a Pension. Generally if you cannot collapse it, neither can the Trustee




Bankruptcy Forum | Submit a Question