Easily Hide Amount Field into the Bankruptcy Agreement

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How to Hide Amount Field into the Bankruptcy Agreement

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guys welcome to this video were going to talk about a very recent case actually came out yesterday april the 9th from the second circuit court of appeals this is a fair credit reporting act case and it has to do with public records and i really want you to see this because it has a lot of application to something that i get asked probably once or twice a week which is hey i have a bankruptcy i froze my lexus nexus account but equifax experience ranging whoever they say they are verifying the bankruptcy either with lexisnexis or with the bankruptcy court can i sue them for that and my question is always is the information about the bankruptcy correct or incorrect and they go no no that doesnt matter theyre theyre lying to me about how theyre confirming it or i i froze it with lexus nexus so it doesnt matter whether its right or wrong and i say well actually it does so i want you to see this case and this is jacob shimon i guess thats how you say it against equifax this will be a

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Got questions?

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Can you hide money during bankruptcy?

The court considers bankruptcy a transparent process. It grants you debt discharge, but you must be completely upfront about your financial situation to receive this benefit. Failing to fully disclose any of your assets, even if you do so unintentionally, puts you at risk for a variety of penalties.

Does bankruptcy look at your bank account?

Your Chapter 7 bankruptcy trustee will likely check your bank accounts at least once during the process of overseeing your filing. They have a right to perform a full audit of your accounts or check them any time it is necessary. However, it is rare for them to keep close tabs on every account.

How do you hide money in bankruptcy?

The following are several ways people attempt to hide assets in bankruptcy proceedings: Lying about owning assets. Transferring assets into another persons name or giving them to someone else to hold. Creating liens or mortgages to make the assets appear like they have no value.

How can I protect my savings from bankruptcy?

Seven Ways to Protect Your Assets from Litigation and Creditors Purchase Insurance. Insurance is crucial as a first line of protection against speculative claims that could endanger your assets. Transfer Assets. Re-Title Assets. Make Retirement Plan Contributions. Create an LLC or FLP. Set Up a DAPT. Create an Offshore Trust.

Can you hide money before bankruptcy?

If you dont fully disclose your assets and recent asset transfers, you wont be entitled to a discharge of those debts in the current case or in a subsequent bankruptcy, and you might also be subject to criminal penalties.

Can you hide assets during bankruptcy?

Under federal law, anyone who fails to disclose an asset they own may potentially be charged with hiding assets in bankruptcy. The hiding of assets, fraudulent oaths and claims, and bribery are all federal felonies under 18 U.S.C. 152.

Can you hide a bank account from bankruptcy?

You are certainly allowed to keep your checking and savings account during a bankruptcy. You can certainly continue banking at the same institution, though in some cases you might not want to (see below).

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