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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (410802)8/27/2008 12:10:46 AM
From: i-node  Read Replies (2) | Respond to of 1575427
 
You can't be this stupid. There is a million ways to hide cash.

Listen, schoolteacher.

I've been there with a lot of people as they made their ways through Chapter 7 or 13, and at least a dozen significant Chapter 11s.

And I can tell you that "hiding" money from a bankruptcy court is not only difficult, it is dangerous. I've never seen it done. At all.

I've seen money hidden from divorce courts. From civil actions. From banks, from creditors. But never from a bankruptcy court. Not saying it couldn't happen, but this is not something that occurs routinely or without serious repercussion if caught.

It certainly doesn't occur willy-nilly as you have suggested.