Do Not Lie To The Bankruptcy Court!
By Rachel Lynn Foley - Kansas City, MO Bankruptcy on Jul 26, 2008 in Bankruptcy Practice and Procedure, General Bankruptcy Information, Kansas
I am not sure why but almost every case I file the debtor will ask me, “How will the judge know I am telling the truth?” You file your bankruptcy petition and schedules under penalty of perjury.
If you lie, the FBI will investigate the crime and if found you are found guilty you will go to prison. We are not talking 3 squares and a cot with pie in the evening, we are talking about Leavenworth Federal Penitentiary..
You may be tempted to lie to your attorney but before you do, read about two Kansas cases where these debtors are headed to prison.
Nazar Ali Hadar thought he could beat the system and committed credit card fraud. He purchased many items on the credit cards before filing but did not claim the items on his schedules nor did he make good faith payments on those charges. He also transferred money to his relatives before filing bankruptcy. As a result he is now doing 33 years in Leavenworth.
Frankie Dean McCumber failed to disclose an inheritance that occurred within 180 days of the filing of the bankruptcy. This case is ongoing and if found guilty he could spend the next 5 years in prison and pay a fine up to $250,000. Why take a chance?
The whole point when filing bankruptcy is to get a fresh start and get rid of your debt not become a ward of the state and owe even more money then when you went in. Bankruptcy fraud is a federal crime that can prevent you from getting a discharge and relocate you for up to 5 years to a room behind bars.
Knowledge is power. Get the facts, don’t lie and get sound legal advice from a qualified bankruptcy attorney in your area.
See other articles on fraud.
See other articles on perjury.
Written by Kansas City Bankruptcy Lawyer, Rachel Lynn Foley.
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