Monthly Archives: November 2013

Can My Bankruptcy Be Dismissed?

Associated Press reports the dismissal of the Chapter 11 bankruptcyDMX

of rapper DMX.

I blogged about his bankruptcy before, so I thought I should follow up.

US Trustee Tracy Hope Davis said Simmons failed to provide trustworthy information in his bankruptcy filing.

(from the bankruptcy story on the entertainment tempo site)

Uh, failing to provide trustworthy information.   Hmmm. That is what is called a euphemism.  In this case, for perjury.

You sign your bankruptcy petition and schedules under penalty of perjury, a Federal felony, as bankruptcy is a federal court.

Like the income tax system, the bankruptcy court is based on accurate self reporting.

So fudging that has serious consequences.

What Are Grounds For Dismissing A Bankruptcy Case?Continue Reading

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