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Surprise, Arizona has a Surprise in Its Audit!

By Joseph McDaniel, Esq.

Ordinary people often have a lot of month left over at the end of their money, and then want to talk to a bankruptcy lawyer in Arizona.

But if an ordinary couple, or even a couple of lawyers, doctors, or CPAs noticed a hole in their bucket to the tune of $73,000,000, they might be...surprised!

Now, I don't understand a lot of ordinary words, although I speak fairly fluent bankruptcy law after about thirty years in that country. But I don't quite understand the word "misspent" in this context.

p.s. there's a very small chance that your bankruptcy case will be audited. If it is, make me proud. I don't want any surprises to show up, like a Hummer that you forgot to list, or payments from the lottery. Or a $3,500,000 bank account. If you don't list all your assets and all your debts, and all your recent large transactions, you could be a poster child!

And nobody wants that, least of all me! Because I've been a bankruptcy lawyer in Arizona for thirty years, and none of my clients have gone to jail yet. Don't be the first.

Full post as published by Arizona Bankruptcy Attorney Blog on February 24, 2011 (boomark / email).