What Happens to Air Miles Points if You Go Bankrupt?

Podcasts
Posted in Personal Bankruptcy
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Air Miles has changed their loyalty program, which brought up a question from our listeners: What happens to my Air Miles, loyalty points and cash-back program if I file bankruptcy?

Should I Use My RRSP to Pay Off Debt?

Podcasts
Posted in Personal Bankruptcy
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

In our first technical tidbit podcast, Doug Hoyes explores the tax and legal implications of withdrawing money from your RRSP to pay off debt. He explains how RRSP savings are protected from seizure in a bankruptcy in Canada.