Daily Archives: July 17, 2010 - 1 results

Posted 7 years ago in Creditor/Debtor by Arthur Buono  
Don’t Forget Lotto Winnings when Filing Bankruptcy

An honest debtor deserves a fresh start in bankruptcy. A disbarred attorney who hid $70,000 a year in lottery payouts from his personal bankruptcy filing probably does not. As the Boston Herald reported Friday, he may deserve jail time.   Bankruptcy forces trade-off between what you have and what you owe Wiping out debts depends on full disclosure of income and assets False statements and hiding funds can land you in jail   Attorney Charged with Bankruptcy Fraud The attorney …

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