A few weeks ago, we wrote about the star of the show Dance Moms facing charges of bankruptcy fraud. However, most people who commit bankruptcy fraud are not so brazen. The IRS publishes stories of bankruptcy fraud every few months, and these posts can serve as great illustrative examples of why hiding assets is always a very bad idea. Earlier this year in January, an Idaho man attempted to conceal a 5 percent interest in the business he had just used to file for bankruptcy. Asset concealment is no laughing matter to the bankruptcy court, and he was sentenced to 30 months in prison and ordered to pay $165,343 in restitution. A businessman in Virginia was recently sentenced to 30 months in prison and ordered to pay $2,019,403 in restitution for wire and bankruptcy fraud. As it turns out, the man forged signatures on liens, trusts and other income documentation…
Read More »
The Sader Law Firm is happy to welcome Stewart Bogart to our team of Kansas City bankruptcy attorneys. Stewart’s love for local sports, grilling good food with family or friends and helping people resolve their financial problems make him an excellent fit for The Sader Law Firm. Stewart graduated from the University of Oregon in 2003, where he completed a Bachelor of Arts in History with a minor in Business Administration. After completing his undergraduate studies, Stewart worked for De Soto High School, helping special needs children and coaching the school’s wrestling and football teams. Stewart later moved across the country to Oklahoma, where he enrolled in the Oklahoma City University School of Law. One year later, he transferred to the University Of Kansas School of Law where he finished his Juris Doctor in 2015. While enrolled in law school, he worked as a law clerk for Hornbeek Vitali &…
Read More »
Bankruptcy cases can become very complicated, requiring significant attention to detail while following the rules set by the courts. The complexity of bankruptcy laws can make it very easy for debtors without attorneys to make mistakes. In some cases, common mistakes can have significant consequences. Failing to provide your trustee with required documentation can result in extra hearings or case dismissal. During a bankruptcy, you are assigned a trustee who will review your petition and other required documents. Trustees will ask for information extending back six months, and it is up to debtors to be thorough and not leave out important financial documents. Debtors filing for bankruptcy are required to take credit counseling and debtor education courses. Failing to take these courses can result in case dismissal. Without an attorney, debtors are at risk of filing under the wrong bankruptcy chapter. Depending on the circumstances of borrowers, the benefits of…
Read More »
*Credit card payments will not be accepted for bankruptcy cases, unless pre-approved by The Sader Law Firm. If you have a question about a credit card payment, please call our Office Manager at (816) 561 1818.
© 2010–2024 The Sader Law Firm
Book an
Email
Directions
