It is critical to remember that your bankruptcy petition must contain a complete and total disclosure of all your assets and all your debts. Not just the debts you wish to disclose or discharge, but all debts including potentially non-dischargable debt like student loans and taxes. Failure to disclose all your assets and debts can result in a denial of discharge, loss of property, or even criminal prosecution for bankruptcy fraud. That being said the following list contains common omissions that clients often "forget" or fail to disclose on their petition.
Top 10 List: