Articles by Bryan Hutchinson
- Bankruptcy Crimes and Punishment
A bankruptcy court may deny a debtor a discharge, if the debtor without justification has concealed, destroyed, mutilated, falsified, or failed to keep or preserve any recorded information; knowingly and fraudulently transferred or concealed assets. A debtor may face a penalty of up to $500,000 and or up to 5 years in prison. Published 15Feb2010, viewed 934 times
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