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Does a debtor have to list all his creditors and assets on the bankruptcy petition?

April 26, 2017assets Bankruptcy Creditors debtor list petition

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Does a debtor have to list all his creditors and assets on the bankruptcy petition?

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Yes. The failure to do so may result in a dismissal, a denial of discharge or perhaps even being charged with a bankruptcy crime. A debtor is not allowed to file against only certain creditors. Even creditors who are family members or friends must be listed.