When it comes to defrauding the federal courts, there are serious consequences. Even celebrities are not immune to bankruptcy fraud proceedings. Most recently, Abby Lee Miller, of Dance Moms, was sentenced to prison for not listing all her assets in her bankruptcy petition. Reality start Teresa Guidice, of Real Housewives of New Jersey, spent 15 months in prison for the same offense – failing to disclose cars and recreational vehicles in her bankruptcy filings. The Denver bankruptcy court takes any attempts to mislead or lie very seriously and the consequences can be far worse than the debt you are dealing with. So, let’s discuss how to make sure you avoid bankruptcy fraud in Denver.
Reasons to Charge Bankruptcy Fraud in Centennial and Greenwood Village
Often, people think that there is no way a court will find out that they didn’t list a certain asset. Yet creditors research assets of a debtor. Sometimes they believe they can just give some of their things away to friends and family before filling out the paperwork sip listing the asset. Both these scenarios can land you in hot water. Some other ways a person can get charged with bankruptcy fraud:
Racking up debt just before filing for Chapter 7 or Chapter 13 bankruptcy – While it may be tempting to use up any remaining open lines of credit, accumulating $600 or more of debt within a three-month window before filing for bankruptcy in Centennial can be seen as fraudulent and may not be dischargeable.
Providing false information on a court filing – Any type of misinformation on an official court document can be considered fraud. This can be viewed as intentionally omitting information or outright lying, but either way it can keep you from getting your bankruptcy discharge and may result in criminal charges in Greenwood Village.
Aurora Chapter 7 or Chapter 13 Bankruptcy Protection
The best thing you can do to protect yourself from an intentional or unintentional mistake that could lead to bankruptcy fraud is to hire a knowledgeable Aurora bankruptcy attorney to walk you through the process. An expert attorney with many years of experience knows the right questions to ask and the documents needed to verify information to make sure your bankruptcy petition is accurate. Don’t risk out on debt relief or criminal ramifications.
If you are considering filing Chapter 7 or Chapter 13 bankruptcy, contact the best bankruptcy attorney Barry Arrington at 303-205-7870 or submit the ‘Get Help Now’ form to begin your journey towards financial freedom.