Worried about a debt your spouse doesn’t know about? Got a lawsuit pending for injuries at work? Hide it from your bankruptcy lawyer and you may have a problem far bigger than the one you imagined.
There are lots of myths about bankruptcy floating around and lots of street-lawyering by people who knew someone whose friend filed bankruptcy some time back. People visiting a bankruptcy lawyer for the first time often are tempted to conceal debts, property, or transactions from their lawyer in the belief that if the lawyer had the facts, they would be barred from bankruptcy relief. That is seldom so.
Your lawyer can’t protect you from problems created by secrets you keep. With all the facts, your lawyer can provide meaningful advice that maximizes the relief available in bankruptcy.
Bankruptcy is grounded in full disclosure to the court and creditors. Start by making full disclosure to your bankruptcy lawyer. Your lawyer is on your side.
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