Filing for bankruptcy requires full disclosure of all your property and financial affairs. Never hide property or assets when filing for bankruptcy. Everyone leaves a trail. Even you. If you think you can hide, you’re making a mistake. For example, if you have property you mentioned in a prior document, you will be found out. [...]
perjury
When you file bankruptcy whether you file a Chapter 7 or a Chapter 13 you must file a Statement of Financial Affairs. Brett Weiss has written several articles on the Statement of Financial Affairs. Question 10 asks you questions about transfers in the last year prior to filing. The trustee will use this information [...]
I wanted to share 13 tips from the FBI before filing bankruptcy. I often tell clients that lying to the court is a crime called perjury, but often they do not believe me. So many times you will hear of stories of debtors who filed bankruptcy and did not disclose assets such as a boat, [...]