Joshua Z. Goldblum, Attorney at Law
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October 2015 Archives

Leaving out information in bankruptcy can result in fraud charge

A man in Pennsylvania is being charged with fraud in part due to omissions of information in his bankruptcy filings. If the man is convicted, the crimes could mean a prison sentence of up to five years and a fine of $100,000 for each charge he is convicted on. The case is a good illustration of how important it is to be honest and complete in bankruptcy filings.

Some risks associated with debt settlement

Settling your debt for less than you owe on a statement balance might be a way to get out of debt faster, but there are risks associated with such a strategy. Understanding those risks, and all your other options for debt relief, helps you make an educated decision and reduce the likelihood of finding yourself in a worse situation in the future.

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