eastern district of North Carolina

Bankruptcy fraud is a type of white-collar crime of which some might be unaware.  It can occur where an individual or organization seeks to gain an unfair advantage from the bankruptcy system by providing false or misleading information. It can include a variety of activities such as concealing assets or income, filing multiple bankruptcies in different states, transferring assets to exempt categories, or claiming expenses or debts that do not exist. One of the most common forms of bankruptcy fraud occurs when individuals attempt to hide assets they do not want to lose during the bankruptcy process. This can include […]