Bankruptcy: Disclose All My Accounts?

“Must I Disclose All My Bank Accounts if I File Bankruptcy?”

 

When you file for bankruptcy, you have to declare all of your assets including any and all bank accounts with your name including bank accounts of minor children and accounts of your parent(s) which your name has been put on as well.  Clients occasionally ask if they must list a bank account if there is a zero balance at the time of filing.  Of course, the answer is yes- any bank account with your name on it must be listed in the bankruptcy filing.