Will I Lose My RESP If I File For Bankruptcy?
Yes. An RESP is an asset that can be cashed in to pay off debts to creditors.
However, you will not lose your RESP in a Consumer Proposal.
Related article
- How Will A Bankruptcy Affect My RESP’s?
Letter From A Client
I have been working with Adam Agulnik of A. Farber and Adam has been helping me try to figure out what the best financial move would be for me. I cannot say enough about how helpful, knowledgeable and supportive Adam has been. If anyone I know needed similar advice I would recommend Adam and A. Farber & Partners instantly
Regards,
Jason (Toronto)
<< Go Back to Main Questions