The decree of the bankruptcy court which terminates the bankruptcy proceedings is generally a discharge that releases the debtor from most debts. A bankruptcy court may refuse to grant a discharge under certain conditions.
A New Mexico Complaint Objecting to Discharge in Bankruptcy Proceedings for Concealment by Debtor and Omitting from Schedules is a legal document filed by a creditor or a trustee in a bankruptcy case. This complaint alleges that the debtor has intentionally concealed assets or omitted them from their bankruptcy schedules, thereby attempting to defraud the bankruptcy court and their creditors. The purpose of this complaint is to request the court to deny the debtor's discharge of debts or to revoke their discharge if it has already been granted. The New Mexico Complaint Objecting to Discharge in Bankruptcy Proceedings for Concealment by Debtor and Omitting from Schedules can take different forms depending on the specific circumstances of the case. Some common types of complaints include: 1. Complaint Alleging Concealment of Assets: This complaint asserts that the debtor intentionally hid assets, such as bank accounts, real estate, or valuable personal property, with the intent to defraud creditors and the bankruptcy court. It provides detailed evidence of the assets concealed and how they were discovered. 2. Complaint Alleging Omission from Schedules: In this type of complaint, the creditor or trustee argues that the debtor deliberately left out certain assets on their bankruptcy schedules, either through negligence or with fraudulent intent. The complaint includes the specific assets omitted and may provide evidence of the debtor's knowledge about the omission. 3. Complaint Requesting Denial of Discharge: This complaint seeks to prevent the debtor from receiving a discharge altogether, claiming that their conduct throughout the bankruptcy case demonstrates a lack of integrity, such as continuous concealment or deliberate omission of assets. The complaint may include evidence of the debtor's actions, statements, or other behavior warranting a denial of discharge. 4. Complaint Seeking Revocation of Discharge: If the debtor has already been granted a discharge, this complaint aims to have the court revoke it due to subsequently discovered concealment or omission of assets. It must provide compelling evidence of the debtor's fraudulent conduct and the impact the concealed or omitted assets may have on the bankruptcy estate or creditor recovery. Important keywords related to this topic include: New Mexico, complaint, objecting to discharge, bankruptcy proceedings, concealment by debtor, omitting from schedules, fraudulent intent, revocation, denial of discharge, assets, bankruptcy court, creditors.