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| Author: |
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Locked in Funds |
| Date: |
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October 6, 2003 |
| Question: |
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I am applying to the Alberta Government to release Funds from a
LIRA to pay personal income tax for the 2003 taxation year. I am
currently in a proposal accepted by my creditors in the spring. If I get
permission to have the funds released is it possible for my creditors to
claim these funds?
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From: |
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Ann Clarke, Alger & Associates Inc. |
| Date: |
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October 14, 2003 |
| Answer: |
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No, if you are able to access the funds creditors cannot touch them if
your proposal is in good standing.
Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca
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