You can’t always believe what you see on social media, and bankruptcy
asset hunters are slowly realizing that fact. It is becoming more and
more evident that people who file for bankruptcy may continue to post
pictures with expensive products and luxurious lifestyles, but that shouldn’t
fool you. Often, these photos are made to be misleading, or may be unintentionally
People are posting pictures of gold jewelry and expensive fishing reels
only for assets hunters to find that they were costume jewelry or borrowed
for the photo. The appearances of social media are proving more and more
to be a falsification than a reflection of lifestyle.
Attorney Paul Orshan represented a woman who files for bankruptcy while
wearing some expensive jewelry on social media. When a trustee thought
he had caught the woman in a lie, it was explained that the woman owned
a jewelry store and wore some of the pieces to promote business.
Even with the increase of deceit and appearances on social media, if you
file for bankruptcy, the only way to proceed is with honesty and complete
disclosure. Disclose your assets and don’t post misleading photos
online. Even though it might be helpful in procuring your image, it can
be more trouble than it’s worth when a bankruptcy asset hunter comes
banging on your door.
If you need to file for bankruptcy or are dealing with assets hunters,
contact Orshan, P.A. and speak with our Miami bankruptcy attorney.