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Bankruptcy Fraud Lawyers

Defending Clients: The Importance of Hiring a Bankruptcy Fraud Lawyer

Bankruptcy fraud is a term used to describe the act of falsifying or hiding assets during a bankruptcy case. This Federal crime can lead to severe penalties such as hefty fines and even incarceration. If you are under investigation or have been charged with bankruptcy fraud, it’s crucial to seek help from an experienced bankruptcy fraud lawyer.

What Constitutes Bankruptcy Fraud?

Bankruptcy fraud involves the act of lying, hiding, or misrepresenting information to deceive creditors or court in a bankruptcy case. Some common forms of bankruptcy fraud include:

Form of Bankruptcy FraudDescription
Omission of AssetsFailing to disclose all property or assets in a bankruptcy filing.
Concealment of AssetsHiding assets from creditors or the court during a bankruptcy case.
False StatementsLying about income, expenses, debt or financial information related to your assets in a bankruptcy filing.
Bribing Court OfficialsPaying off a trustee or court official as compensation for approving fraudulent bankrutcy filings.

One can commit this type of fraud intentionally or accidentally; however, regardless of motive- the consequences could be disastrous. That’s why you must retain competent legal representation from experienced bankruptcy fraud lawyers.

What Can Bankruptcy Fraud Lawyers Do?

Bankruptcy fraud lawyers specialized attorneys who defend clients against charges involving fraudulent activities within bankruptcies. These legal professionals aid clients through various means:

Investigate the Case

A bankruptcy fraud lawyer will scrutinize all documentation and proof related to a bankruptcy case to establish whether there’s any evidence of fraud.

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Develop Defense Strategy

Create an appropriate plan for clients against bankruptcy fraud charges while devising a strategy encompassing what proof needs presentation to support their defense.

Negotiate With Prosecutors

Bankruptcy fraud lawyers deal with prosecutor offices and negotiate plea deals or settlements outside court proceedings.

Representation in Court

A competent legal representation to defend clients’ rights, present evidence, and argue on behalf of their clients during a court proceeding.

The attorney should provide comprehensive legal advice throughout the process, explain legal options, and advise clients on applicable laws.

Why Hire a Bankruptcy Fraud Lawyer?

Being accused of bankruptcy fraud is serious and may lead to severe consequences that include hefty fines or jail time. Hiring an experienced lawyer is essential as they’ll have the know-how on investigation techniques and develop defense strategies resulting in positive outcomes. An attorney can help clients negotiate with prosecutors, represent them during court proceedingsmand provide legal advice necessary for the decision-making process.

Conclusion:

If you are under investigation or charged with bankruptcy fraud, hiring a competent defense attorney is critical. A bankrutcy fraud lawyer can guide you through the complexities of the legal system by using their expert knowledge on this specific field of law. Early engagement of such attorneys can help initiate studies at early stages leading to strong defenses being developed. 

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Spodek Law Group

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Spodek Law Group

35-37 36th St,
Astoria, NY 11106

Phone

212-300-5196

Fax

212-300-6371

Spodek Law Group

195 Montague St.

Brooklyn, NY 11201

Phone

212-300-5196

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212-300-6371

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