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Disclosures Concerning the Bankruptcy Process

All information provided in a bankruptcy case is required to be complete, accurate and truthful;

All assets and liabilities must be completely and accurately disclosed in the documents filed to commence a case;

Current monthly income, amounts for means test calculations and, in Chapter 13 cases, disposable income must be stated after a reasonable inquiry; and

Information provided in a case may be audited and failure to provide such information may lead to the case's dismissal or sanctions, including criminal sanctions.

© 2015 Leon Gus Nichols Law Firm
We are a debt relief agency. We help people file for relief under the Bankruptcy Code.