What Will Happen If The Bankruptcy Information Is Inaccurate?

What Will Happen If The Bankruptcy Information Is Inaccurate?

bankruptcy lawyer Moreno ValleyThere have been a numerous bankruptcy information on the internet about advantages and disadvantages. There are sites that talk about risks of being untruthful to the court, the trustee and to your bankruptcy attorney. We all know that lying is not a good habit and in bankruptcy, it is a crime to be deceitful in the bankruptcy documents. Bear in mind that at the very beginning it is so important to be honest about everything that you are going to disclose with your bankruptcy lawyer. There is a lot of truth in the famous saying that “honesty is the best policy.” So, be true to your advocate so he can fully understand the situation and provide you the best solutions.

debts overwhelmThe bankruptcy lawyers will absolutely base the recommendations on the information provided by the client. It’s easy as that, so if an individual will make a different story about his financial condition, chances are the solutions that will be provided by the lawyer will result in a bigger mess. For instance, a client needs a suggestion for a plan to solve his debts, now the client submitted the required documentation to the bankruptcy court. This documentation is for the attorney to organize bankruptcy plan and documents. If the documents submitted are not precise, even though the client did not intend to do so, the attorney will end up recommending false information because he received a wrong data.

Obviously, we can foretell what will happen next. It may create more stress to the client’s financial condition because of an inaccurate piece of information provided. It could have been resolved earlier if the data is submitted accurately and in full details. So, be truthful to your legal adviser about the things that happened between you and your lenders so the lawyer can address your issues directly and resolve your financial stress in a short period of time. Would it be filing chapter 13 Moreno valley or chapter 7 or a foreclosure case? Visit our website or call us now for a consultation or an appointment.