Bankruptcy fraud is the use of deceptive means to conceal assets or liabilities during a bankruptcy filing. The fraud is often used as a way to secure  the benefits of bankruptcy protection,  while  still maintaining certain  assets.

Executives will often engage in bankruptcy fraud by using a number of different strategies. These strategies could include mistating assets or liabilities, temporarily transferring assets to a third party, or creating concealed subsidiaries to hold  the  assets.

If you have questions about bankruptcy fraud, contact the New Orleans bankruptcy lawyers of the Law Office of David D. Kervin, Jr. at 504-599-5906.

Bankruptcy filings are on the rise in Louisiana. According to the Administrative Office of United States Courts, there were 18,268 bankruptcy filings between Oct. 1, 2008 and Sept. 30, 2009.

The 18 percent increase in filings was likely a result of a number of factors. One of the most prominent was the recent recession, which led to many foreclosures and lower incomes.

If you or anyone you know has considered filing for bankruptcy, contact the New Orleans bankruptcy attorneys of the Law Office of David D. Kervin, Jr. at 504-599-5906.

Some individuals choose to file for bankruptcy without consulting a lawyer. In some cases, these individuals fall into a number of common pitfalls.

One common pitfall is that individuals will build up more debt while anticipating a bankruptcy filing. Similarly, they choose to payback friends and family instead of creditors. Both of these strategies will usually complicate the bankruptcy and end up costing more.

If you or anyone you know has questions about your bankruptcy filing, contact the New Orleans bankruptcy attorneys of the Law Office of David D. Kervin, Jr. at 504-599-5906.

U.S. citizens living abroad can file for bankruptcy in some circumstances. According to bankruptcy law, individuals considering filing for bankruptcy in a certain jurisdiction must usually live in that place for a certain period of time.

Based on these jurisdiction rules, it is usually difficult for individuals to file for bankruptcy from abroad. However, there are certain exceptions. One exception is for individuals who serve in the military and are active in service abroad.

If you or anyone you know is considering filing for bankruptcy abroad, contact the New Orleans bankruptcy attorneys of the Law Office of David D. Kervin, Jr. at 504-599-5906.