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.
DISCLOSURES AND BANKRUPTCY
Bankruptcy relief affords debtors with the benefit of the discharge of debts. But the cost of this...