CHATTANOOGA, TN, October 02, 2013 /24-7PressRelease/
-- Bankruptcy fraud is a criminal offense punishable by a fine of up to $250,000, or five years in prison, or both. The most common kind of bankruptcy fraud is the concealment of assets. Debtors simply do not declare all their assets or transfer them to friends and family members so that they will not be liquidated in order to pay off their creditors.
Clark & Washington, noted Chattanooga bankruptcy law firm
, warns debtors of another kind of bankruptcy fraud; one that most people may not be aware of, but unfortunately occurs often enough. This is when unscrupulous individuals or firms offer their services as "consultants" to prevent a debtor from being evicted. What they actually do is file for bankruptcy on behalf of their clients and drag out the case in court so they can continue to charge their clients exorbitant fees.
The best way to avoid bankruptcy fraud is to enlist the services of an experienced bankruptcy lawyer. Clark & Washington has been assisting Southeast residents in their bankruptcy filings for 30 years. One of the most trusted bankruptcy attorneys in Chattanooga
, they guide their clients in filing only honest and accurate documents in a timely manner. Their up-to-date knowledge of bankruptcy laws assures their clients that their bankruptcy filing meets the requirements of existing laws, virtually eliminating the possibility of being charged with bankruptcy fraud.
Chattanooga bankruptcy laws, as with most bankruptcy laws throughout the United States, are complex and highly technical. In order to increase the success of your bankruptcy filing and to avoid the specter of bankruptcy fraud, turn to Clark & Washington. As one of the most experienced bankruptcy lawyers in Chattanooga, they can help you get your financial life back on track.
.About Clark & Washington:
Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the Southeast. They have locations in Georgia, Florida and Tennessee. Clark & Washington specializes in personal chapter 7 and chapter 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.
For more information, visit http://www.chattanooga-bankruptcy-attorney.com