Trial Lawyers Relentlessly Pursuing Justice
Los Angeles Bankruptcy Fraud Defense Attorneys
Find the Right Bankruptcy Fraud Lawyer in Los Angeles for Your Case
If you need experience on your side to fight federal charges, we have what it takes to fight for you. We have received the highest possible ratings from several trusted rating services, such as a perfect 10/10 “Superb” rating from Avvo® and an AV® Preeminent™ rating from Martindale-Hubbell®.
Find out how our excellent service and experienced representation could benefit you by calling today for an initial consultation.
What is Bankruptcy Fraud?
Bankruptcy is an option for someone who is unable to repay their debts in full, or any of them at all. Filing for bankruptcy allows a person’s debts to be canceled so that they can start fresh from scratch; however, they must first undergo an investigation process and prove that they are incapable of repaying their debts.
Every year, over one million bankruptcy filings are made in the United States. Some of these filings are made by individuals who:
- Have provided false information in order to be considered eligible for bankruptcy, or
- Have “concealed assets” from the investigation to make it appear as if they do not have the assets to repay their debts.
This is known as bankruptcy fraud and is a federal crime with serious penalties.
Penalties for Bankruptcy Fraud
The definition of bankruptcy fraud and its prescribed punishment is found in 18 USC. § 157.
This law states that anyone who fraudulently files a petition under Title 11 (bankruptcy law), files a document in a proceeding under Title 11, or makes a fraudulent representation, claim, or promise relating to Title 11 before or after filing for bankruptcy, shall be:
- Fined up to $250,000
- Imprisoned not more than 5 years
- Or both such fine and imprisonment.
If you are facing charges of bankruptcy fraud, your life could be turned upside down if you are convicted. Defend yourself today by retaining an experienced Los Angeles bankruptcy fraud lawyer from Lessem, Newstat & Tooson, LLP.
Contact Our Firm Today
"*" indicates required fields
Supportive with Clients. Aggressive in Court.
Navigating the legal system can be complicated. To maximize your chance of securing the best outcome possible, it is essential that you reach out to us without delay. When you hire our firm, we will work quickly to gather every detail, examine every piece of evidence, and build a strong case.
We will not hesitate to go toe-to-toe in trial with an insurance company, corporation, prosecutor, or law enforcement officer. Regardless of the type of situation you are involved in, rest assured that we will do everything we can to protect your rights and help you secure the most favorable result possible.
Meet the Lawyers Fighting for You
The Lessem, Newstat & Tooson Team
Our Clients Are Our Focus.
When facing complex legal matters, it is not uncommon to encounter an issue that needs immediate attention from your team.
For this reason, we are available to assist our clients 24 hours a day, seven days a week, to ensure any questions or concerns you may have will be addressed immediately. With around the clock service and multiple office locations, clients throughout Southern California can be confident knowing our counsel is available to them whenever and wherever they need it.
Make Your Future
Our Business
"*" indicates required fields