S.Florida doctor commits bankruptcy fraud. When you decide to file a bankruptcy case you have to be honest. You have to list all your debts and assets. Failure to do so is not only dishonest. It is a crime. This is why it is very important to consult with a knowledgeable and honest bankruptcy lawyer before filing a bankruptcy case. Dr. Richard Krugman and his wife Tamara filed a Chapter 7 bankruptcy case. Bankruptcy officials paid the couple a surprise visit to their home in Boca Raton. The couple was caught red handed hiding an expensive Rolex watch. That was just the tip of the iceberg. The couple admitted to concealing a lot of jewelry and artwork. Their lies are costing them a heavy price. The judge made a decision to reject their request to discharge debts in the amount of $2.9 million. This resulted in the couple losing their house in Boca Raton as well as a home in Philadelphia. They also lost most of their possessions. They still owe all the debts they tried to discharge in bankruptcy. The judge also ordered them to pay $27,295 in restitution and to pay the bankruptcy trustee for service in the case. The couple has also lost their freedom. The couple were both sent to federal prison for over a year. Their lives have been ruined. Every person can and should learn from this case. Do not lie. Do not hide assets. Do not ruin your life trying to pull a fast one. Play by the rules. If you are filing a Broward County bankruptcy case talk to a bankruptcy lawyer. Learn what Chapter of bankruptcy is right for you. Always be honest when filing documents with the Court. Disclose all your assets and income to your bankruptcy attorney. Honesty is really the best policy.
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