Bankruptcy Fraud
Definition:
Bankruptcy fraud committed by individuals and corporations
who conceal and misstate assets, who mislead creditors, and who illegally
pressure bankruptcy petitioners. Individuals and corporations can be investigated
and prosecuted under bankruptcy fraud statutes.
Consequences of Bankruptcy Law:
Committing bankruptcy fraud is a serious white collar crime that cost the federal government millions of dollars every year. The Department of Justice estimated that 10 percent of all bankruptcy petitions contain some elements of bankruptcy fraud. Therefore, the punishments if convicted of bankruptcy fraud can be anything from fines to time in jail.What a Lawyer can do for you:
If you are under investigation or facing prosecution for bankruptcy fraud, it is important to seek the counsel of an experienced bankruptcy fraud defense lawyer as soon as possible. You want make sure you have the help of an experienced bankruptcy fraud defense lawyer who you know will make sure your rights are protected.Lawyer Referral Service:
If you are being investigated for bankruptcy fraud by the Internal Revenue Service's Criminal Investigation's Bankruptcy Fraud Program or if your bankruptcy fraud case has been already referred to the Department of Justice for prosecution, call Attorney Search Network today. Attorney Search Network can refer you to an excellent bankruptcy fraud defense lawyer.
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