Legal Question in Bankruptcy in California
Are property assets exempt from chapter 13 bankruptcy filing and must these assets be reported to court? What if no report made?
Asked on 10/01/10, 12:54 pm
2 Answer from Attorneys
Robert F. Cohen
Law Office of Robert F. Cohen
A bankruptcy debtor must report all assets and all debts. If they are not reported, a bankruptcy might be denied. In addition, the FBI could investigate bankruptcy crimes, including fraud, and it could lead to criminal prosecution.
Answered on 10/06/10, 1:42 pm
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