Technology

What is Considered “Hiding Assets” in a Pennsylvania Bankruptcy Case?

Before filing for bankruptcy, some people might move assets or transfer them to a family member. However, this practice is illegal and will be considered as hiding assets in a bankruptcy case.

Weekly News – July 19

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How to Prove That Asset Declarations Are Truthful in Bankruptcy

When someone files for bankruptcy, the court needs to know what kind of accounts, assets, and other holdings they might have. This information is important as courts need to know if someone is eligible for bankruptcy based on their assets or if they can be liquidated during bankruptcy. When you declare your assets, you should also be prepared to prove they are accurate and truthful.

Bankruptcy and the “hard of hearing”

You never know just how a client hears your advice, until you hear yourself quoted back to yourself as the reason for a client doing something stupid. In my case, I’m unclear about whether the message received was really as reported, but it’s made me think about my choice of words. I was asked in […]

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