Words that you might hear from your bankruptcy attorney are fraudulent transfer, preference or preferential payment, and clawbacks. What are these and, more [...]
Section 523(a)(2) of the Bankruptcy Code contains exceptions for discharge of debts that are fraudulently incurred. This section has two subsections, (A) and (B), which, though similar in a lot [...]
A Boulder, Colorado, spinal surgeon reportedly reached a plea deal with federal prosecutors after she was charge with bankruptcy fraud. Cathleen Van Buskirk was indicted last December and charged [...]
Twice before I’ve written about rapper 50 Cent’s financial problems, here and here. Now it seems he’s put them all behind him, courtesy of $8 million in Bitcoins he forget he [...]
A Utah couple, Cortney S. Valentine and Nicolette P. Valentine, of Liberty, Utah, were sentenced on March 2 in Idaho for bankruptcy fraud. According to the plea agreement, Cortney Valentine, 40, [...]
In what a United States Court of Appeals has described as a “bizarre case,” a debtor unnecessarily filed bankruptcy, hid assets from the trustee, lied to the court and ultimately [...]