Multiple Filing Fraud
Bankruptcy fraud inflicts a high costs on creditors and taxpayers alike. Bankruptcy proceedings typically operate under the assumption that the applicant is truly in financial distress and is seeking help in a genuine and honest manner. One common type of bankruptcy fraud is “multiple filing” fraud, in which an individual files for bankruptcy in more than one state in order to gain benefits and conceal assets.
If you are unsure of your legal options and are considering bankruptcy, it is important to consult an experienced bankruptcy attorney to resolve any questions you may have. If you would like to know more about bankruptcy and fraud, contact the Boston bankruptcy lawyers of Joshua Spirn & Associates at 800-975-5346.
Filing Multiple Bankruptcy Claims
Multiple filing fraud often includes:
- Filing for bankruptcy in two or more states
- Using a false name in a bankruptcy filing
- Using stolen or fake social security numbers on bankruptcy claims
- Listings similar assets on the claims while omitting certain assets
- Protecting or hiding assets through multiple filings
Individuals who are caught filing multiple bankruptcy petitions or trying to commit bankruptcy fraud may face felony prosecution. Punishment for bankruptcy fraud, like multiple filing, may result in federal prison time up to five years and a $250,000 fine.
Contact a Boston Bankruptcy Lawyer
If you are looking for information on or assistance with filing for bankruptcy, contact an experienced Boston bankruptcy lawyer at the law offices of Joshua Spirn & Associates at 800-975-5346 for help with your case.
