Bankruptcy Fraud Penalties

Written by mike broemmel
  • Share
  • Tweet
  • Share
  • Pin
  • Email
Bankruptcy Fraud Penalties
(Everystockphoto.com)

A person interested in seeking debt relief through bankruptcy needs to be aware of bankruptcy fraud penalties. There are a variety of bankruptcy penalties that can be imposed depending on the seriousness of the violations.

Other People Are Reading

Monetary Penalty

The bankruptcy court can impose a monetary penalty on a debtor who has committed bankruptcy fraud. The amount of the penalty depends on the severity of the violation.

Case Dismissal

A very common bankruptcy fraud penalty is a dismissal of the case.

Criminal Prosecution

If the fraud perpetrated in a case is severe, the bankruptcy court can make a referral of the debtor to the U.S. attorney for prosecution.

Prison Sentence

Through a criminal prosecution, a debtor found guilty of bankruptcy fraud can face a prison sentence.

Solution

Minimising bankruptcy fraud penalties can best be achieved by retaining an experienced, qualified attorney.

Don't Miss

Filter:
  • All types
  • Articles
  • Slideshows
  • Videos
Sort:
  • Most relevant
  • Most popular
  • Most recent

No articles available

No slideshows available

No videos available

By using the eHow.co.uk site, you consent to the use of cookies. For more information, please see our Cookie policy.