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What happens if I try to trick the bankruptcy court by hiding assets or making leaving out important information on my bankruptcy papers?

April 26, 2017assets Bankruptcy Court happens hiding leaving Trick Try

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What happens if I try to trick the bankruptcy court by hiding assets or making leaving out important information on my bankruptcy papers?

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A. The court can dismiss the bankruptcy petition (throw the case out of court) or take other action against the defrauding debtor as the court sees fit. In serious cases with clear intent to defraud the court, criminal prosecution is possible.