Hate to be the Grinch, but
Posted by Kevin on December 14, 2010 under Bankruptcy Blog | 
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Sometimes, I get prospective clients who meet with me to discuss a bankruptcy filing. During the course of our conversation, they mention a debt to a friend or a property outside the United States that they do not want to list. Unless I can convince them not to do this, those “prospective clients” never become clients.
I point out that the Bankruptcy Code is set up to give honest creditors a fresh start. Focus on “honest”. That means that you honestly disclose all your assets and liabilities, and all your income and expenses. The debtor actually signs a declaration under the penalty of perjury that the information contained in the Petition is true and complete.
Usually this Civics class approach (do they call it “Civics” anymore?) works and the client flies right. But some still push. Well, if being a good citizen is not enough for you, think of the consequences. You can go to jail.
