Anaheim Bankruptcy Attorney – Chapter 7 & 13 Fraud – Irvine – Santa Ana
As an Anaheim bankruptcy attorney, we can tell you the system works because it allows those in true financial hardship to get the fresh start they deserve. But, some people need to be reminded of the rules. One of the first things we tell any client that is considering filing for Chapter 7 or Chapter 13 bankruptcy protection is that everything in the bankruptcy petition is done under penalty of perjury. In doing research for this post I found an instance in which a debtor, who had filed for Chapter 7 bankruptcy protection in Texas, was sent to prison (for a while) because he failed to disclose certain assets on his bankruptcy petition. Once of these assets was a very large insurance payout.
I don’t bring this up to suggest that the people we deal with are fraudulent, quite the contrary. Most people in Orange County that seek bankruptcy advice are doing so in good faith. We just want people to be informed of the rules. The bankruptcy trustee will be the one monitoring your Chapter 7 or Chapter 13 case. It seems as though the trustee is not as thorough as he or she should, but the trustees have very keen eyes for those they suspect of concealing assets.
Further, don’t assume because you believe that a certain asset is irrelevant that it will be irrelevant to the trustee. It is vital that you disclose all your assets to your Anaheim bankruptcy attorney. In the age of the Internet and scrupulous record keeping, it is very difficult, if not impossible, to hide assets
At the Law Office of Harold D. Thompson, we have been helping people from Orange County, Anaheim, Santa Ana, Irvine and all over Southern California since 1976. We want to do everything in our power to make sure that your transition from financial difficulty to financial success is as smooth as possible. In that vein, we want to make sure that you avoid Chapter 7 &13 fraud. Don’t let another day go by with creditor harassment and mounting bills. Call an experienced Anaheim bankruptcy attorney today at 619.615.0767 or visit one of our other websites for more information: San Diego Bankruptcy Attorneys, San Diego Bankruptcy Lawyers or Riverside Bankruptcy Attorneys.
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