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{"id":9189,"date":"2012-06-13T23:45:54","date_gmt":"2012-06-13T23:45:54","guid":{"rendered":"http:\/\/www.seonewswire.net\/?p=9189"},"modified":"2012-06-13T23:45:54","modified_gmt":"2012-06-13T23:45:54","slug":"what-is-fraudulent-bankruptcy","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2012\/06\/what-is-fraudulent-bankruptcy\/","title":{"rendered":"What is Fraudulent Bankruptcy?"},"content":{"rendered":"

Debtors who withhold information on purpose when filing for bankruptcy are filing a fraudulent bankruptcy.<\/p>\n

People often withhold information when they file for bankruptcy. It may be due to the fact they are not sure about what they need to include in their filing, or they are keeping the information to themselves on purpose. Withholding information constitutes a fraudulent bankruptcy under the rules of the Bankruptcy Act of 2005, which means it is considered to be a federal offense. Additionally, the statute of limitations for bankruptcy fraud cases depends on what kind of concealment was involved.<\/p>\n

When a debtor files for bankruptcy, they are responsible to provide all relevant information about their financial status, assets and spending habits. This type of information is used by the court to figure out your eligibility for bankruptcy, and once this material is filed, you get an immediate stay to halt all collection activities.<\/p>\n

The most common types (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Debtors who withhold information on purpose when filing for bankruptcy are filing a fraudulent bankruptcy. People often withhold information when they file for bankruptcy. It may be due to the fact they are not sure about what they need to…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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