OOPS! You forgot to list a creditor…now what?

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When you file a bankruptcy case, the law requires that you include every creditor in your filing. A debtor is not allowed to "pick and choose" which debts are included in the case. In fact, intentionally omitting certain debts from your bankruptcy filing could result in your case being dismissed, fines imposed, or even imprisonment if you are found guilty of bankruptcy fraud.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Elissa Westbrook Smith, McDowell Riga Posternock, PC | Attorney Advertising

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