Legal Question in Bankruptcy in California

statue of limitations

Can you be charged with perjury for incorrect statement of debt owed on a petition for chapter 13 bankruptcy filed in California? the amount was less than what it should have been. It was a unsecured debt to a friend. If this is considered perjury, what is the statue of limitations?

Asked on 2/04/09, 10:52 pm

1 Answer from Attorneys

Robert F. Cohen Law Office of Robert F. Cohen

Re: statue of limitations

You can just amend your plan and deal with it that way. I haven't heard of anyone being prosecuted for understating a debt, but one never knows. The FBI is charged with investigating bankruptcy crimes. Further, if your friend is making a stink about it, the issue should have been raised in a claim he/she should have timely filed with the court.

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Answered on 2/04/09, 11:56 pm

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