What Happens If I Fail to List All my Assets on the Bankruptcy Petition?

The failure to list all of your assets on the bankruptcy petition is a huge mistake that can result in sanctions, dismissal of your case or even criminal charges.Bankruptcy Petition

At Sunshine State bankruptcy, we ask you to make an accurate list of all your property that should include:

  1. Investment accounts
  2. Stocks and bonds
  3. Retirement accounts
  4. Tax refunds
  5. Law suits
  6. Even property you own that it is in the possession of someone else.

Failure to list the assets is consider cheating in bankruptcy. You don’t want the feds going after you because you failed to list all your assets. To learn more about bankruptcy, or see if bankruptcy is right for you, give us a call today. The call is free.

 

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