Idaho Man Who Concealed Asset Sentenced for Bankruptcy Fraud
Christopher Brandon Craner, 32, of Buhl, Idaho was sentenced to two years' probation for concealing an asset in his bankruptcy case, which included personal interest from a boat. Part of Craner's sentence includes a...
Illinois Man Sentenced to Probation for Bankruptcy Fraud
A Tamaroa, Illinois man was recently sentenced to three years' probation for concealing assets when he filed bankruptcy in 2009. David E. Woodside, 37, pled guilty to the charge after he waived an indictment...
Filing Bankruptcy: When Outstanding Debt Includes a Cosigner
A borrower who is establishing credit or has less than perfect credit may have a cosigner help them obtain a loan. A cosigner agrees to pay outstanding debt when the borrower is unable to...
Why Hiding Assets and Property in Bankruptcy is Never a Good Idea
Hiding Assets & Personal Property When Filing Bankruptcy Hiding assets and personal property when filing bankruptcy not only jeopardizes the outcome of your case, you may face criminal prosecution and your debt may not...
Former Supermodel Janice Dickinson Files Bankruptcy
Janice Dickinson, 58, also known as the world's first supermodel, filed for bankruptcy protection after owing creditors close to $1 million. Her creditors include the Internal Revenue Service (IRS) and unpaid bills from plastic...
Bankruptcy Filings Increase Among Doctors
While many consumers struggle to make payments on their medical bills, there are doctors facing a similar struggle; except it involves keeping their businesses afloat. The American Bankruptcy Institute's health care committee has noticed...
Should a Personal Loan Owed to a Family Member or Friend Be Included When Filing Bankruptcy?
Personal Loans Eligible to Be Discharged in Bankruptcy One of the most important elements debtors should review when considering bankruptcy is how personal debt is handled by the court. When you file, you are...