The Real Housewives of Bankruptcy: Understanding Preferences, Fraudulent Transfers and the Basics of Bankruptcy Law | Practical Law
Reality TV stars Joe and Teresa Giudice recently pled guilty to bankruptcy fraud stemming in part from their failure to make accurate disclosures when filing for bankruptcy. As their case demonstrates, debtors and potential debtors risk severe civil and criminal punishment unless they carefully adhere to the bankruptcy process. Practical Law's resources can help you guide your clients through the bankruptcy process.