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hey guys my name is justin and today were going to be looking at some of the things that can be considered as bankruptcy fraud now its important to know what you can and what you cant do while filing for a bankruptcy so that you dont get any trouble or have your case potentially dismissed so keep listening to learn more this is ascend finances youtube channel where we try to take complex financial topics and turn them into easier to understand videos today were going to cover what bankruptcy fraud is some examples of bankruptcy fraud and the consequences of committing a potential bankruptcy fraud lets get started [Music] most every year more than a million people in the u.s file for a bankruptcy for most people theyll go through the process without a hitch theyll honestly report their earnings debt assets and liabilities however some people arent as honest and theyll try to hide part of their estate or lie about their situation bankruptcy fraud is a federal crime and is liken