Attorneys representing debtors in a bankruptcy proceeding are subject to fines and sanctions if the information contained in the bankruptcy petition and schedules is wrong.

Question

Quizplus · Accepted Answer

Attorneys are responsible for ensuring the accuracy and completeness of bankruptcy petitions and schedules filed on behalf of their clients. Failure to do so can result in fines and sanctions, as well as potential harm to the debtor's case.

Attorneys Representing Debtors in a Bankruptcy Proceeding Are Subject to Fines