Posted On: September 23, 2011 by David A. Wolf

What if I fail to List Something on My Florida Bankruptcy Schedules?

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This is a very common question. If you are being represented by an attorney, the attorney should do due diligence in your case to make sure everything is covered. However, sometimes debtors lie to their attorneys. If something is omitted from a bankruptcy schedule it can be detrimental to your case and you could face criminal charges for fraud and or perjury.

Many times debtors fail to mention ALL real and personal property owned or that tey may have an interest in. All assets and liabilities must be disclosed to the Trustee. Understandably, people make good faith mistakes all the time. The Trustees, for the most part can make that determination and sense when fraud or deceit is present in a case. The Trustee does not expect perfect schedules and peititions in every case and many times the schedules can be amended to correct the mistakes. Trustees perform title searches and run background checks so its not like debtors can get away with not disclosing things.

If you have questions about Florida Divorces or Bankruptcy Law contact a Florida Attorney

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