Telling the truth when it comes to filing for bankruptcy is essential for many reasons. Making sure that you play by the rules and that any assets that can and should go to creditors actually do go to creditors is the trustee’s job. If the trustee in a Chapter 7 liquidation case thinks you’re jerking around your creditors, he or she can ask the court to deny your discharge outright. Many sure to hire a Carmichael bankruptcy lawyer for your bankruptcy. When that happens, filing for bankruptcy is useless because all your nonexempt property has been surrendered, a bankruptcy is on your record, none of your debts are eliminate, and you have no chance to eliminate those obligations through a Chapter 7 bankruptcy. It’s a lose-lose situation when you lie and don’t play by the rules.
Most documents filed in bankruptcy must be signed under penalty of perjury. If you intentionally lie on bankruptcy documents, or at the 341 meeting with creditors, you’ve committed perjury, which is a crime that can land you in prison. Careless disregard for the trust is the same as lying. So don’t intentionally lie, and make sure you don’t leave any errors for accidental truth slip-ups.
If you are having financial hardship and are considering filling for bankruptcy, please call Carmichael bankruptcy lawyer at our office at (916) 971-8880 for a FREE confidential bankruptcy consultation.
“We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.”
Law Office of Robert W. Fong
Robert W. Fong
6825 Fair Oaks, Blvd., Suite 101
Carmichael, CA 95608
TEL: (916) 971-8880