Bankruptcy Fraud 04/17/2017 Identifying Bankruptcy Fraud By Joe B. Brown, Brian Netoles, Sandra Taliani Rasnak, and Maureen Tighe The bankruptcy system is designed to give an individual or a company a chance to reorganize their affairs, or if reorganization is not possible, to equitably distribute the non-exempt assets of the debtor among the creditors. This is often referred to as “a fresh start”. The amount of money a creditor will receive in a case will range from nothing in many cases to 100 percent in a few cases. In
Identifying Bankruptcy Fraud By Joe B. Brown, Brian Netoles, Sandra Taliani Rasnak, and Maureen Tighe The bankruptcy system is designed to give an individual or a company a chance to reorganize their affairs, or if reorganization is not possible, to equitably distribute the non-exempt assets of the debtor among the creditors. This is often referred to as “a fresh start”. The amount of money a creditor will receive in a case will range from nothing in many cases to 100 percent in a few cases. In
