Cheronis & Parente LLC

Bankruptcy Fraud

Fight Back Against Bankruptcy Fraud Allegations

The most common bankruptcy fraud charge involves those alleging a concealment of assets. When a debtor files for bankruptcy, he or she must accurately and to the best of his or her knowledge disclose all assets and liabilities. Especially in Chapter 7 bankruptcy filings, when a debtor is trying to qualify with a low enough income level, if a debtor fraudulently lists his or her assets and liabilities below what they actually are, that is considered bankruptcy fraud.

In some cases, this may have been an inadvertent mistake. If you have been charged with concealing assets or bankruptcy fraud, seek immediate criminal defense representation.

The Defense You Need When Accused Of Concealing Assets

At Cheronis & Parente LLC, our sole focus is on defending people against criminal charges, including white collar crimes at both the state and federal levels.

Our attorneys are highly effective in criminal defense cases and have extensive jury trial experience. We always strive to place our client in the best position to win. For the past three years, founding attorney Damon M. Cheronis has been selected for inclusion in Super Lawyers, in conjunction with Chicago MagazineRising Stars list in the area of criminal defense. This honor is based on peer review and is bestowed upon a mere 2.5 percent of Illinois attorneys.

Hidden Assets And Business Bankruptcy Fraud

Business bankruptcy fraud usually involves larger assets. Many clients are surprised to learn they did not have to actually “own” an asset at the time of bankruptcy in order for it to be considered a “concealed asset.” For example, a debtor may transfer business assets to other family members or other outside parties at the time of bankruptcy. Although the debtor does not own the asset, he or she can still be charged with bankruptcy fraud.

Hidden assets through either fraud or fraudulent transfers are closely related to other charges including:

We will do everything possible to successfully defend you against any criminal charges. In some cases, we can reduce charges to misdemeanors or even avoid charges altogether. The best way to achieve this is early intervention. Talk to us as soon as possible.

Contact Us For A Consultation

To speak with an experienced and highly skilled Chicago white collar crimes defense attorney from our firm, call 312-663-4644 or schedule your initial consultation online.

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Client Testimonials

Real Cases — Real People — Real Results

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Easy to work with – and hard to work against. A veteran of many high profile federal and state cases, clients are often surprised by how approachable they find Damon. But having seen him at trial dozens of times over the years, I can attest to his powerful motions practice, ability to conduct relentless cross-examinations, and give moving openings/closings. With personal and professional qualities that make him easy to work with – and hard to work against – anyone in need of a criminal defense attorney would be in great hands with Damon Cheronis.

Andy B. Chicago, IL

A lawyer who truly cares and listens to his clients. Damon, is a lawyer who truly cares and listens to his clients. He was totally prepared for the case so he was never surprised by the prosecutions evidence or arguments. He and was able to put the prosecutors in a defensive mode. He was by far the best attorney in the court room. I would highly recommend him to everyone.

John D. Chicago, IL

More than just and attorney! Very professional, always pays attention to detail and hungry to fight for his clients. The price I paid does come close to how hard he works. More than just and attorney! I definitely would recommend Damon to anyone I knew who needed a good attorney.

Ashley C. Chicago, IL