Does a person have to list if they are employed when filing bankruptcy?

[tressaheaslet]

What is the name of your state?What is the name of your state?Arkansas
My father has filed bankruptcy twice that I know of and I noticed in the newspaper listing it stated he and his wife were both unemployed; he has been employed with the state of Arkansas for over 30 years. Is this legal?

 

[JETX]

Is this legal?

Nope. I hope that you call the bankruptcy trustee and let him/her know of this.

 

[tressaheaslet]

undefined If it is not illegal, then why should I report it to the bankruptcy trustee?

 

[JETX]

undefined If it is not illegal, then why should I report it to the bankruptcy trustee?

Obviously, my answering your question AND giving advice in one sentence has confused you.

Lets try again:

You asked, "Is this legal?"
My answer: "Nope."

Additional suggestion: "I hope that you call the bankruptcy trustee and let him/her know of this."

 

[Ladynred]

If your father LIED about having an income on his BK papers, he committed FRAUD.. and that is a crime !!

 

[tressaheaslet]

How would I find out if he lied about his income? I am just going by what the listing said in the newspaper.

 

[HomeGuru]

How would I find out if he lied about his income? I am just going by what the listing said in the newspaper.

**A: good grief, we think your mind is bankrupt.

 

[JETX]

How would I find out if he lied about his income? I am just going by what the listing said in the newspaper.

Let me make this simple. The bankruptcy court factors the petitioners 'earning potential' in their decision to grant or deny the bankruptcy. If he tells them he has zero earnings when he really has, that is fraud.

 

[Ladynred]

Bankruptcies are public records, anyone can look at any case. The easiest way .. get an account on PACER, then look up his bankruptcy.