Bankruptcy and Fraud
Most people have experienced times of financial hardship, but individuals that have significant debts may be in danger of legal penalties and further complications if the outstanding loans are not paid back. During this incredibly stressful time, a person can feel hopeless and alone. In attempting to deal with the situation, someone may accidentally commit fraud. Unfortunately, fraud can cause your legal troubles to escalate quickly.
If you or someone you love is facing overwhelming debts and financial difficulties, it is important to discuss your options with a knowledgeable bankruptcy attorney so that you can defend your financial assets to the fullest extent of the law without compromising your legal standing with accidental fraud. The experienced Florida bankruptcy lawyer Ryan J. Really, Attorney at Law, PLLC, is prepared to help you understand your situation. Call our offices today at (239) 237-0675 for more information.
What is Bankruptcy Fraud?
Convictions of fraud have very serious penalties and may have devastating effects on the life of anyone accused of this type of crime. Some activities that constitute bankruptcy fraud include:
- Eliminating relevant information from reports
- Ignoring requests for asset documentation or proof of ownership
- Falsifying information on a bankruptcy report
- Making an effort to conceal assets as the property of another
Bankruptcy laws are complex and often confusing for anyone that is unfamiliar with the process. Whether it is intentional or not, some actions may be construed as fraudulent, and the individuals in financial distress can face even more legal troubles. Thus, it is important to discuss your case with an attorney to protect your assets before accidentally committing fraud.
The best option for handling serious financial hardship is entrusting your bankruptcy case to a qualified attorney. If you or someone you love is in need of professional legal counsel for issues regarding bankruptcy, contact the Florida bankruptcy attorneys at the law offices of Ryan J. Really, Attorney at Law, PLLC, at 815-777-0880.