Is it illegal to incur large bills for a home, knowing you’ll file bankruptcy within days?
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Is it illegal to incur large bills for a home, knowing you’ll file bankruptcy within days?
Person installed pool 5/24 and filed bankruptcy 5/27. Can this be legal?
Asked on June 30, 2009 under Bankruptcy Law, Virginia
Answers:
Ben Schneider / Schneider & Stone
Answered 15 years ago | Contributor
If the person incurred those costs knowing they would file for bankruptcy, they may have comitted fraud before the bankruptcy court. If you are the creditor, this may mean that you can still collect your debt.
Ben Schneider / Schneider & Stone
Answered 15 years ago | Contributor
If the person incurred those costs knowing they would file for bankruptcy, they may have comitted fraud before the bankruptcy court. If you are the creditor, this may mean that you can still collect your debt.
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