Bankruptcy

Fake Accident Claim Leads to Nondischargeable Debt

By Bill McLeod, Esq.

Bankruptcy is available for honest debtors who have found themselves in unfortunate circumstances. Not every debtor is honest, nor is every debtor in unfortunate circumstances is entitled to bankruptcy. Take the case of William Berrien: I presume he was in unfortunate circumstances because he found himself in need of money. I presume that is why he decided he needed bankruptcy?but that decision came only after the scheme to stage and collect from a bogus car accident claim did not go as he had originally hoped and planned. In a case with twists and turns, this debtor learned that dishonest debtors really do get that they deserve.

Full post as published by McLeod Law Offices on June 12, 2008 (boomark / email).