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CHAPTER 7 PROCEEDING Form

CHAPTER 7 PROCEEDING Form

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[Music] I'm Nick gabelt I'm a bankruptcy attorney here in Whittier California and I practice bankruptcy throughout the central district of California I also do tax debt resolution in a previous video I discussed briefly the kinds of debts that are not dischargeable in a Chapter 7 bankruptcy one of the those categories of non-dischargeable debt was debts incurred through fraud in this video I'd like to explore that a little bit further now fraud is a little tricky in bankruptcy in part because unlike just in daily life we have two independent definitions of fraud the first probably captures what came up in your mind when you heard me use the word fraud because I think on a visceral level this is the way most people think of fraud you might not have had as precise a definition as I'm going to give but this is the general understanding a debts incurred through fraud if at the time you incur it you make a material misrepresentation Yi and that induces a cred

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