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He may live in a pineapple under the sea, but a defunct California company cannot seem to locate 76 sets of SpongeBob silver coins.  No word yet of any Patrick or Squidward memorabilia.

While this matter may not involve a do-it-yourself bankruptcy, this story certainly highlights the risks of such a ploy.  Bankruptcy fraud is a very serious crime with very serious penalties.  Even an accidental omission or a “little white lie” can have serious consequences for you and your family.

Many people will not do their own tax return, especially if the return is somewhat complex.  Why?  They rightfully fear the repercussions from filing a false return.  The bankruptcy code is every bit as complicated as the tax code, especially for those debtors who are facing foreclosure or repossession or some similar adverse action.   When accuracy and the proper advice are so important, don’t fill out the forms yourself or use a non-attorney “bankruptcy petition preparer”.  Email or call the law office of Henley and Henley for your free consultation.