Do not lie your way through the bankruptcy process. If you get caught, you are in a messy situation. <\/p>\n
Do not think that bankruptcy laws only exist to protect the debtor. They do, but they were also designed to protect the creditor. It is a two-way street and you need to remember that should you find yourself needing to declare bankruptcy. There is no doubt that it is a tough personal decision and the urge to lie to make things seem worse than they are might motivate some filers. Big mistake. Things like that always get discovered later.<\/p>\n
Many people do not realize that bankruptcy is a legal proceeding, and as such it is under the wing of the U.S. Constitution and its bankruptcy laws. Those laws were written to protect creditors and debtors, and to allow an honest person or business a way to work out of a bad financial situation (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Do not lie your way through the bankruptcy process. If you get caught, you are in a messy situation. Do not think that bankruptcy laws only exist to protect the debtor. They do, but they were also designed to protect…<\/span><\/p>\n