Bankruptcy relief affords debtors with the benefit of the discharge of debts. But the cost of this discharge is: debtor must be honest and truthful in their disclosures to the court. If a debtor does not provide an honest and accurate accounting of assets to the court and creditors they will jeopardize the discharge of their debts.
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DISCLOSURES AND BANKRUPTCY
Bankruptcy relief affords debtors with the benefit of the discharge of debts. But the cost of this...