{"id":17979,"date":"2021-04-05T09:22:16","date_gmt":"2021-04-05T16:22:16","guid":{"rendered":"https:\/\/www.jacksonwhitelaw.com\/criminal-defense-law\/?p=17979"},"modified":"2023-02-21T10:05:31","modified_gmt":"2023-02-21T17:05:31","slug":"bankruptcy-fraud-arizona","status":"publish","type":"post","link":"https:\/\/www.jacksonwhitelaw.com\/criminal-defense-law\/blog\/bankruptcy-fraud-arizona\/","title":{"rendered":"How to Fight Bankruptcy Fraud Charges in Arizona"},"content":{"rendered":"

Introduction<\/h2>\n

Whether you\u2019re facing bankruptcy fraud charges or simply want to avoid committing this crime, it\u2019s essential to know the law. A conviction for bankruptcy fraud may include high fines, time in jail, and other serious consequences. If you\u2019re dealing with a potential conviction, it\u2019s imperative that you speak with a qualified lawyer as soon as possible. We\u2019ll cover some important information on bankruptcy fraud, penalties, defenses, and what to do if you\u2019re dealing with charges.<\/p>\n

Filing for Bankruptcy Legally<\/h2>\n

Most people know that filing for bankruptcy can give you a new start after running into financial trouble, but following the rules carefully is essential. Any falsified information or dishonesty during this process could cause you legal trouble in the future. Many people intentionally commit bankruptcy fraud, while others do so on accident because they aren\u2019t aware of the laws.<\/p>\n

If you\u2019re simply looking to prevent bankruptcy fraud, make sure you aren\u2019t using it to erase shady or illegal business deals. File all of the necessary paperwork with complete honesty, and accept that you may have to give up some property. Finally, you may want to speak with an experienced bankruptcy attorney<\/a>. Many well-intentioned people try to save money by filing the paperwork on their own. But it\u2019s easy to miss simple mistakes that can end up costing you bigtime down the line. Talking to a legal professional who knows the ropes is the best way to prevent legal complications later on.<\/p>\n

Bankruptcy Fraud<\/h2>\n

Bankruptcy law serves to free businesses and individuals from the financial burden of debt. Fraud occurs when someone abuses these laws for financial gain before or during a case. Bankruptcy fraud can include taking advantage of the court by lying, defrauding creditors, destroying assets, and other illegal actions. To receive a charge for this crime, the prosecution must believe that you committed the actions in question knowingly and intentionally.<\/p>\n

Bankruptcy fraud doesn\u2019t typically occur by mistake. Simply stating your expenses incorrectly likely wouldn\u2019t qualify as fraudulent, for example. Failing to list a second home on your paperwork, on the other hand, would raise some alarms. The court may then assume that you intentionally hid the asset and submitted false information.<\/p>\n

What Counts as Bankruptcy Fraud?<\/h2>\n

As mentioned, it\u2019s important to know the law on bankruptcy fraud, including what specific actions can lead to this charge. Here are some examples:<\/p>\n