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.


