When subject to an adverse court judgment, hiding assets and failing to disclose assets is not a substitute for proper asset protection and risk management. Hiding assets and failing to disclose assets to a court in a debtor's examination (after an award of a judgment) can lead to imprisonment. The same can also lead to problems with the Internal Revenue Service.
When subject to an adverse court judgment, hiding assets and failing to disclose assets is not a substitute for proper asset protection and risk management. Hiding assets and failing to disclose assets to a court in a debtor's examination (after an award of a judgment) can lead to imprisonment. The same can also lead to problems with the Internal Revenue Service.
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