What if I don’t disclose my Personal Injury Claim when filing for bankruptcy?

Posted On : June 16, 2010   By : RobG

First, the court could deny you a discharge or your bankruptcy could be revoked. Second, you could be fined or even receive jail time for committing bankruptcy fraud. Third, under the rules of estoppel, if you don’t disclose your claim in your petition, you will be deemed to have waived it. So, in effect, your claim will be extinguished! Damages for pain and suffering enjoy a special exemption in bankruptcy. As you can see, making assumptions can be extremely costly. Find out what you need to know by investing in a comprehensive Rights and Options Consultation and give yourself the opportunity to make an informed decision!

Contact us now to inquire about our bankruptcy related legal services.

Contact Baltimore, Maryland Bankruptcy Attorney

Posted in Bankruptcy FAQ