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    Foreign Bank Accounts

    Does the Trustee and the BK process in a Ch7 take the time or have the ability to identify foreign bank accounts, with only funds derived from an inheritance in that country?

    #2
    Originally posted by cashpoor View Post
    Does the Trustee . . . have the ability to identify foreign bank accounts . . .
    Yes.

    You are required to disclose, disclose, disclose. If you fail to disclose and you get caught, you will need to be prepared to do some time in "club fed".

    Des.

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      #3
      I am interested in hearing someone describe in knowledgeable detail the process the trustee goes thru to ascertain the veracity of all the information submitted in a Ch7 BK. Anybody out there with that kind of information?

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        #4
        cashpoor, despritfreya gave you the only correct answer. The trustee has the ability to identify your asset and you must disclose all of your assets on your bankruptcy petition, no matter where they are located or how the trustee can find them. You are asking for information so that you can figure out how to hide assets in a BK. Hiding assets in BK is fraud. Bkforum will not help you figure out how to commit fraud.
        LadyInTheRed is in the black!
        Filed Chap 13 April 2010. Discharged May 2015.
        $143,000 in debt discharged for $36,500, including attorneys fees. Money well spent!

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