Justice Dept.: Oklahoma Debtors Denied Discharge for Failure to Keep Records or Explain Loss of Millions in Assets
December 24, 2024
December 24, 2024
WASHINGTON, Dec. 24 -- The U.S. Department of Justice issued the following news release:
The Justice Department's U.S. Trustee Program (USTP) and Tax Division recently obtained denial of bankruptcy discharge for a married couple in Oklahoma who failed to keep sufficient records, failed to file tax returns for several years and could not satisfactorily explain their loss of $90 million in assets in the years leading up to the bankruptcy.
On Nov. 22, after a three-da . . .
The Justice Department's U.S. Trustee Program (USTP) and Tax Division recently obtained denial of bankruptcy discharge for a married couple in Oklahoma who failed to keep sufficient records, failed to file tax returns for several years and could not satisfactorily explain their loss of $90 million in assets in the years leading up to the bankruptcy.
On Nov. 22, after a three-da . . .