We have written about bankruptcy fraud, Chapter 7 fraud, and filing bankruptcy petitions with misinformation or fraudulent information in the past.  The federal bankruptcy court is likely to find out.  The United States Attorney’s office is likely to investigate and prosecute.  It’s simply wrong.

When you complete a bankruptcy petition and schedules, and sign them under the pains and penalties of perjury, the federal Bankruptcy Court takes your oath very seriously.   There can’t be any mistakes or misleading information.  The federal government has vast resources and if they discover fraud, they will investigate. Read more

“Credit” from the Latin credere means “to trust.”  It is unquestionable that your credit score is critical these days.  Employers are increasingly requiring permission to secure your credit score before hiring, landlords are using scores to keep low and moderate people out of units, and what you ultimately pay for a car or a home is a function of your credit score as a lower score may result in higher interest rates.

Filing for Chapter 7, or personal bankruptcy, will have a negative effect on your credit score.  Are there any numbers or rules of thumb about credit scores?
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