[lbo-talk] frontiers of financial innovation

Charles Brown cbrown at michiganlegal.org
Thu Jan 20 10:24:24 PST 2005


Chuck0 wrote:


>Did I see an article somewhere about groups of people who take out
>credit cards together, live it up, and take turns declaring
>bankruptcy.

Justin may jump on me for practicing law without a license, but be very careful about doing that. It's bankruptcy fraud, and you can do serious time for it.

Doug

^^^^^ CB: Conspiracy too :>).

I'm not saying do it, but could you specify what the fraud is in it ?



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