Keywords: procedure . hiding assets .
Procedure > Hiding assets Procedure: Hiding assets leads to bad consequences for debtor1 Cases , IssueID 71 |
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Ch 7 Means Test |
Ch 13 Means Test |
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Topic Description:It's a bad idea to try to hide assets. If the court finds out you failed to list something on your schedule, and finds that you hid it intentionally, they will deny a discharge under §724(a)(4) Lines of Cases:
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When you read a case, check to make sure that the case's decision applies to your local district. Do this by looking at which court has decided the case -- either the U.S. Supreme Court, a court of appeal (listed here in large type), or a district court (listed in small type). Your local district court judge is not bound to follow the opinion of judges from other district courts, but often they look to these cases for advice. Your local district, however, is bound to follow decisions in cases from it governing circuit court. You'll see fairly few Supreme Court case here, but those cases are also binding on all districts."
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