Bankruptcy Fraud

In order to avoid bankruptcy fraud, it is important that you disclose all of your assets and debts regardless of value or whether you intend to repay the debt.  In the article “What Lenny Dykstra Can Teach You About The Perils Of Bankruptcy Fraud” you can see the consequences when you do not disclose your assets in bankruptcy.  Most times you can protect your assets anyway through the use of exemptions.